Printed on Sun Aug 07 2022 6:51:32 PM

Around $60 Billion damage to Ukraine Infrastructure

International desk
World
The World Bank has said that an early estimate shows physical damage to Ukraine's buildings and infrastructure from the war had generally $60 billion.

The estimate does not include the growing economic costs of the war. The amount will continue to rise as the conflict goes on, World Bank President David Malpass said at a conference on Thursday, April 21st.

In his virtual address to the conference, Ukrainian President Volodymyr Zelensky also said that the nation needed an estimated $7 billion per month to make up for its economic losses now and "hundreds of billions of dollars to rebuild all this later."

Zelensky asked countries that have forced sanctions and freezes on Russian resources to use that money to help rebuild Ukraine after the war and to pay for misfortunes suffered by other countries.

 
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