Ukraine Appeals to Allies for Increased Funding and Aid as Reconstruction Costs Mount
- Ukrainian officials are visiting allies around the world requesting increased economic and military support to counter Russia's invasion and begin rebuilding.
- Ukraine has received some funding from international groups but still faces a $14 billion gap this year and an estimated $411 billion total cost to rebuild.
- The United States pledged $2.3 billion and the EU 1 billion euros to help Ukraine close its budget deficit and continue fighting Russia.
- Ukraine is pressuring allies like the U.S. and others to confiscate Russian assets to help fund Ukraine's reconstruction.
- International groups including the IMF, World Bank and European Investment Bank have provided Ukraine $5 billion in additional funding for its economy and infrastructure.