Skip to content
Edit post

Zelensky, BlackRock CEO discuss reconstruction of Ukraine

by The Kyiv Independent news desk December 28, 2022 7:31 PM 1 min read
This audio is created with AI assistance

Support independent journalism in Ukraine. Join us in this fight.

Become a member Support us just once

In a video conference with BlackRock investment company CEO Larry Fink, President Volodymyr Zelensky discussed the reconstruction of Ukraine, reported the President’s Office.

In line with agreements made earlier this year, BlackRock has been working to advise the Ukrainian government on how to organize Ukraine’s reconstruction funds.

Zelensky and Fink have “agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country (Ukraine), channeling investment into the most relevant and impactful sectors of the Ukrainian economy,” the statement said.

The President’s Office noted that BlackRock manages $8 trillion worth of client assets.

In early December, the World Bank estimated that the cost of Ukraine’s post-war reconstruction is upwards of 600 billion euros.

Following Russia’s continuous attacks on the country’s critical infrastructure since early October, the World Bank’s estimate of the cost of Ukraine’s post-war recovery had increased by over 200 billion euros since June, when the forecast was set at 350 billion euros.

News Feed

Ukraine Daily
News from Ukraine in your inbox
Ukraine news
Please, enter correct email address
6:46 PM

Poroshenko pays bail for ex-intelligence officer Сhervinskyi.

Roman Chervinskyi previously served in Ukraine's Defense Intelligence (HUR). He was indicted by the State Security Service (SBU) in April 2023 for abuse of power. According to SBU officials, Chervinskyi, along with others in the HUR, tried to hijack a Russian Air Force aircraft whose pilot was allegedly planning to defect to Ukraine.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.