Ukraine's economy suffers losses of approximately $2 billion every month due to the mass migration of Ukrainians who have become refugees and are forced to live and work abroad. Find out if the government plans to return citizens home

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Every month, Ukraine loses about $2 billion due to the outflow of working-age people who became refugees after the full-scale invasion of russia. Minister Sergiy Marchenko spoke about the serious economic losses caused by mass migration during a telethon.

Ukraine loses billions of dollars due to migration: details

According to Marchenko, the problem of the economy is caused by the large number of Ukrainians seeking asylum in other countries.

In particular, the biggest loss for Ukraine is not only the economic aspect, but also the loss of human potential. That is why the return of migrants home is becoming an extremely important goal for the government.

According to the NBU, the funds of Ukrainian citizens abroad are estimated at about $2 billion a month. This money is being "washed out" of the Ukrainian economy and invested in the economies of the countries that have accepted refugees.

There is also the problem of remote work, when some citizens receive a salary in Ukraine and spend it abroad where they live. This also leads to a decrease in revenues to the Ukrainian budget.

Ukrainian refugees continue to support the European economy. Read what the consequences are for Ukraine here.

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Will Ukraine fight for the return of refugees?

Minister Marchenko sees the solution to the problem in creating conditions for the safe return of Ukrainians home and creating employment opportunities, which will further strengthen the country's economy.

According to the Ministry of Economy, about 6.2 million Ukrainians are currently living abroad.

It is worth noting that the war unleashed by russia has provoked the largest wave of refugees in Europe since World War II. According to sociologists, since February 24, 2022, 8.6 million Ukrainians have left for other countries. 

At the same time, according to UN estimates, this figure is 8.2 million people, of whom more than 5 million are officially registered under European protection programs.

Earlier, we wrote that mass migration of citizens has become one of the strongest blows to the economic situation. Read more about how refugees can affect the economic recovery of Ukraine and what steps are planned to be taken to motivate people to return home in our article.

Photo: ua.depositphotos.com

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