Ukraine will need hundreds of billions to rebuild, says Zelenskyy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Ukrainian President Volodymyr Zelenskyy on Thursday told participants in World Bank/IMF meetings Ukraine needs $7 billion per month to make up for economic losses caused by Russia’s invasion of his country.

He said the global community needed to exclude Russia immediately from international financial institutions, including the World Bank and the International Monetary Fund and others.

World Bank President David Malpass said physical damage to Ukraine’s buildings and infrastructure from Russia’s invasion has reached roughly $60 billion and will rise further as the war continues. Ukrainian Prime Minister Denys Shmyhal, who attended the conference in person, said Ukraine’s GDP could decline by 30% to 50%, with direct and indirect losses totaling $560 billion so far.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Turns out we not the only ones captured.

I have no words

Is Mr Zelenskyy a President or an Actor 🤔?

Should get it from Russia..

Russia should be made to pay this. The only question is how can Russia be forced to pay this

This comedian is always on television

There you go Mr President

Im a carpenter I got retrenched in 2020. Im struggling to find employment. My children often cry themselves to sleep because they sleep hungry😭. I don't feel like a man because of that💔. I ask for any food nearing their expiry date🙏

Ishdade

The guy is making money. He is working from home 🇷🇺🇿🇦🇺🇳

Harrismayson0 ɪ ᴡᴀs sᴏ ᴇxᴄɪᴛᴇᴅ ᴡʜᴇɴ ɪ ᴏᴘᴇɴᴇᴅ ᴍʏ ᴡᴀʟʟᴇᴛ ᴀɴᴅ sᴀᴡ ᴍʏ ᴘᴀʏᴍᴇɴᴛ ᴏғ $ 12,350. ᴡʜᴀᴛ ᴀ ʙᴏᴏsᴛ! ʏᴏᴜ ᴋɴᴏᴡ ᴇxᴀᴄᴛʟʏ ᴡʜᴀᴛ ɪ ᴡᴀɴᴛᴇᴅ ᴛʜᴀɴᴋ ʏᴏᴜ sᴏ ᴍᴜᴄʜ ғᴏʀ ᴛʜᴇ ᴘᴀʏᴍᴇɴᴛ

I smell corruption all over. Money and weapons only. No mention of food, medics, etc.

Ya ne🤣🤣

🤭

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines