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Global Leaders Pledge Major Reconstruction Aid for War-Torn Ukraine

  • The EU unveiled a multi-year $55 billion plan to rebuild Ukraine's infrastructure and economy.
  • The UK announced $3 billion in loan guarantees and $305 million in aid for Ukraine.
  • The US pledged an additional $1.3 billion to help overhaul Ukraine's energy grid and infrastructure.
  • The World Bank aims to expand aid to Ukraine for urgent repairs in energy, transport, and housing.
  • Ukraine seeks up to $40 billion for initial reconstruction efforts, though total costs could surpass $400 billion.
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