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Ukraine reconstruction cost to rise 'quite a bit' -World Bank

STORY: "The amounts are staggering because there appears to be a targeting of Ukraine's infrastructure," he said.

Malpass characterized Russia's war in Ukraine as "grinding," adding that the World Bank has disbursed $18 billion to Ukraine so far, much of it from the U.S.

"I don't detect donor fatigue," he said. "I do detect urgency in the world for making progress on this."