**Ukraine Faces $10 Billion Funding Gap for Reconstruction Projects**
Ukrainian Prime Minister Denys Shmyhal said on April 2 that the country faces a significant funding gap of $10 billion for reconstruction projects in 2025. The comment was made after a meeting of the Steering Committee of the Ukraine Donor Platform.
**International Donors Allocate $7.4 Billion**
According to Shmyhal, international donors have allocated nearly $7.4 billion for priority recovery projects in 2025. However, this leaves a significant deficit of almost $10 billion to finance reconstruction projects. The total cost of Ukraine’s reconstruction is estimated at $524 billion over the next decade.
**Russia’s War Causes Humanitarian Crisis**
Russia’s full-scale war has sparked a deep humanitarian crisis in Ukraine, leaving millions displaced and housing and infrastructure devastated in front-line regions. Despite Western allies’ support with international aid, Ukraine’s direct losses continue to increase, reaching $176 billion at the end of December 2024.
**Shmyhal Seeks Funding Support**
Although funding gaps persist, Shmyhal said that Kyiv’s budgetary needs are being met through support from international donors. The World Bank has pledged $39.3 billion to support Ukraine, according to a Rapid Damage and Needs Assessment (RDNA4) assessment.
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