Production volumes in Ukraine will decrease by 45.1% by the end of 2022 due to the closure of businesses, reduced exports, and the destruction of manufacturing facilities resulting from the Russian attack.
According to Reuters, this is stated in a statement of the World Bank.
According to the World Bank, the Eastern European region, which includes Ukraine, Belarus, and Moldova, will show a 30.7% reduction in GDP this year due to the shocks caused by the war and trade disruptions.
At the end of March 2022, it was reported that, including future losses, Ukraine's whole losses caused by Russia, who started the war, already exceed one trillion dollars.
We know that the World Bank will allocate almost one hundred million dollars for scholarships in Ukraine.