The Ukrainian economy's losses due to the war started by Russia nearly six months ago have reached $113 billion, according to estimates released this Sunday by the Kiev School of Economics.

The data were announced by Maksym Nefyodov, who leads projects to support the country's reconstruction at the KSE Institute, a study center of the academic institution, according to Ukrinform agency.

According to data from KSE, cited by the newspaper Económico, the war damaged or destroyed thousands of homes, businesses, administrative buildings, education facilities, airports, shopping centers, and health and social services facilities, among other infrastructures.

Nefyodov said that ongoing work is also focused on the country's "recovery needs," noting that this is the direction the "Russia Will Pay" project is heading in.

The goal of this project, according to the KSE 'website', is to "document, verify, analyze and estimate all material damage caused to Ukraine's physical infrastructure."

The project involves the Presidency of the Republic and the ministries of Economy, Reintegration of Temporarily Occupied Territories, Infrastructure, and Development of Communities and Territories of Ukraine, with US support.

Nefyodov said that KSE teams are analyzing images of the destruction and damage to Ukraine's infrastructure, collected with the help of drones (unmanned aircraft) and satellites.

It is about recording the damage caused by the war and offering comprehensive solutions for the reconstruction of the affected cities, he said.

"When reconstruction begins, we want the old Soviet infrastructure to not just be restored," he said, alluding to the time when Ukraine was part of the Soviet Union.

"We want these infrastructures to be more comfortable, meet modern principles of urbanism and European standards. After all, Ukraine has already become a candidate for European Union [EU] membership, and we should be ready for maximum integration," he added.

In early July, Ukrainian Prime Minister Denys Shmygal unveiled a plan to rebuild Ukraine with a 10-year investment of $750 billion.

The investment includes the costs of necessary reforms related to Ukraine's accession to the EU.

The plan was disclosed at a conference in Lugano, Switzerland, where nearly four dozen countries, including Portugal, and institutions signed a declaration on the guiding principles for the reconstruction of Ukraine.

Portugal will participate, along with other countries, in the reconstruction of schools in the Jitomir region, about 150 kilometers from Kiev, where it is estimated that about 70 educational establishments have been destroyed.

Following the Lugano declaration, the European Commission announced a high-level conference on the reconstruction of Ukraine for after the summer.

In addition to infrastructural damage, the war has already caused an as yet unknown number of civilian and military casualties, but which several sources, including the UN, say is considerably high.

The conflict has also generated 12 million refugees and internally displaced persons, according to the UN.

The war was triggered by Russia's invasion of Ukraine on February 24 this year, which was condemned by the international community at large.

The EU and countries like the United States, the United Kingdom or Japan have passed successive sanctions packages against Russian interests and supplied Ukraine with weapons.

The information released by the two conflicting parties cannot immediately be independently confirmed.