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Study: Ukrainian small, medium-sized businesses lost up to $85 billion due to Russia's war.

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After two and a half months of the full-scale Russian invasion, almost 90% of such companies need emergency funding, according to the Advanter Group, a Kyiv-based think tank. The total funding required is $54 billion. Half of these enterprises either shut down completely or suspended most of their activities.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Washington and Kyiv will invest $75 million each to kickstart the Ukraine reconstruction investment fund that gives the U.S. special access to mineral sites and other projects in Ukraine, the Economy Minister Oleksii Sobolev told journalists on Sept. 17.

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