Source link : https://bq3anews.com/the-three-big-challenges-facing-ukraine-when-the-war-ends/
Russia’s war in Ukraine is now in its fifth year and, despite the growing impatience of Donald Trump, a breakthrough in peace talks looks a long way off. Yet even when the fighting does end, it will not represent a conclusion. Rather, it will mark the start of a considerable new challenge: reconstruction.
The crucial questions are not only how much reconstruction will cost, but also how it can be financed and whether Ukraine will have the skilled workforce needed to carry it out. Millions of Ukrainian citizens have left the country since the start of the 2022 invasion.
A further test will be whether Europe, which became Ukraine’s largest provider of military and financial assistance in 2025, can maintain the political unity needed to see reconstruction financing through in the long term.
1. Closing the funding gap
Ukraine’s reconstruction needs are enormous. According to figures released by the World Bank on February 23, the total cost of reconstruction and recovery in Ukraine will be around US$588 billion (£435 billion) over the next decade. This will only rise as the war drags on.
In an attempt to meet this figure, Ukraine and its allies are seeking to mobilise private capital. This has involved Ukraine’s parliament adopting a new public-private partnership law in June 2025 to incentivise private-sector participation in the reconstruction of economic sectors such as energy and transportation.
A war-risk insurance mechanism was also rolled out that year….
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Author : bq3anews
Publish date : 2026-02-26 01:26:00
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