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World Bank estimates $60 billion damage to Ukraine's infrastructure

Business 11:19 22 Apr, 2022

World Bank estimates $60 billion damage to Ukraine's infrastructure

World Bank estimates $60 billion damage to Ukraine's infrastructure

The World Bank has said that an early estimate shows physical damage to Ukraine's buildings and infrastructure from the war had reached roughly $60 billion, Qazet.az reports.

The amount will continue to rise as the war goes on, World Bank President David Malpass said at a conference.

In his virtual address to the conference, Ukrainian President Volodymyr Zelensky also said that the country 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."