Billions Needed to Rebuild Ukraine and Ramaphosa Accepts Invitation to Meet President Zelenskyy

Billions Needed to Rebuild Ukraine and Ramaphosa Accepts Invitation to Meet President Zelenskyy

  • Ukrainian President Volodymyr Zelenskyy said that his country would need billions of dollars in order to rebuild once the war was over
  • An estimated $60 million (R930 billion) would be needed to repair the damage inflicted on the country's infrastructure
  • President Cyril Ramaphosa accepted an invitation from Zelenskyy to meet with him in Ukraine but said he would only do so once the war was over

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KYIV- Ukrainian President Volodymyr Zelenskyy would need billions of dollars to rebuild Ukraine following the unprovoked Russian invasion.

Zelenskyy held a number of meetings with the World Bank and International Monetary Fund where he estimated that his country would need $7 billion (R108 billion) a month to address the economic impact of the invasion.

Cyril Ramaphosa, President Volodymyr Zelenskyy, Ukraine, Russia
Ukraine will require billions to rebuild following the Russian invasion. Photo credit: @CyrilRamaphosa , @ZelenskyyUa
Source: Twitter

He called on countries that have seized Russian assets to use that money to help rebuild Ukraine's infrastructure which has been severely damaged during the fighting.

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President Cyril Ramaphosa discusses war with Ukrainian President Volodymyr Zelensky, offers to mediate with Russia

An estimated $60 billion (R930 million) would be needed for to rebuild the infrastructure alone according to SABC News. This figure could rise substantially as the war rages on.

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President Cyril Ramaphosa accepts Zelenskyy's invitation

South Africa's President Cyril Ramaphosa has accepted an invitation extended by Zelenskyy for him to visit the president in Ukraine.

Ramaphosa told South Africans on Friday that he was prepared to visit Ukraine following an invitation extended to him by Zelenskyy.

However, Ramaphosa said that he would only make the journey to the war-torn country once the fighting was over.

The Ukrainian president took to Twitter to share some of the details of his meeting with President Ramaphosa.

"Glad this happened": Ramaphosa discusses Ukrainian war with Volodymyr Zelensky

Earlier, Briefly News reported that President Cyril Ramaphosa and Ukrainian President Volodymyr Zelensky discussed the ongoing war in the European country via a telephone call. The South African government recently urged citizens to not take sides in the war against Ukraine by Russia.

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The Russian invasion of Ukraine began on 24 February and has left thousands dead and displaced.

Zelensky took to Twitter to discuss the conversation with Ramaphosa. He said several topics, including the violence brought on by Russia and a global food crisis. Another matter discussed was:

“Deepening relations with the Republic of South Africa and cooperation within international organisations.”

Source: Briefly News

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