Reconstruction: News

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About Reconstruction

Ukraine's reconstruction effort addresses damage estimated at at least $588 billion, according to a World Bank assessment. Russia's full-scale invasion has destroyed or damaged millions of residential buildings, thousands of schools and hospitals, and critical infrastructure across multiple oblasts. International donors and financial institutions coordinate recovery programs through mechanisms including the Multi-Agency Donor Coordination Platform.

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Key developments on June 19: * Kyiv targets Moscow for second day in a row following record drone assault; * Moscow Oil Refinery halts operations after largest-ever drone attack on Russian capital, General Staff says; * US senators propose using frozen Russian assets to support Ukraine's military; * Australia announces $70 million in arms funding for Ukraine through PURL initiative; * Western allies pledge $4 billion in military aid for Ukraine at Ramstein summit. Moscow came under attack

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