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

APRIL 22: 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.

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

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."

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

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