G7 agree on $18.4 billion to keep Ukraine running, ready with more:
The Group of Seven’s financial leaders agreed on Thursday (19 May) on $18.4 billion to help Ukraine pay its bills in coming months and said they were ready to stand by Kyiv throughout its war with Russia and do more if needed, a draft communique showed.
Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy – the G7 – are holding talks as Ukraine, invaded by Russia on 24 February, is struggling to fend off the attack and is running out of cash.
“In 2022, we have mobilised $18.4 billion of budget support, including $9.2 billion of recent commitments,” the draft communique seen by Reuters said.
“We will continue to stand by Ukraine throughout this war and beyond and are prepared to do more as needed,” it said.
In the draft, the G7 welcomed the European Commission’s proposal on Wednesday to lend €9 billion to Ukraine and noted that the European Bank for Reconstruction and Development and the International Financial Corporation planned support worth $3.4 billion. But it was not clear if these funds were part of the $18.4 billion or separate.
The Group of Seven’s financial leaders agreed on Thursday (19 May) on $18.4 billion to help Ukraine pay its bills in coming months and said they were ready to stand by Kyiv throughout its war with Russia and do more if needed, a draft communique showed.
Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy – the G7 – are holding talks as Ukraine, invaded by Russia on 24 February, is struggling to fend off the attack and is running out of cash.
“In 2022, we have mobilised $18.4 billion of budget support, including $9.2 billion of recent commitments,” the draft communique seen by Reuters said.
“We will continue to stand by Ukraine throughout this war and beyond and are prepared to do more as needed,” it said.
In the draft, the G7 welcomed the European Commission’s proposal on Wednesday to lend €9 billion to Ukraine and noted that the European Bank for Reconstruction and Development and the International Financial Corporation planned support worth $3.4 billion. But it was not clear if these funds were part of the $18.4 billion or separate.
G7 agree on $18.4 billion to keep Ukraine running, ready with more:
The Group of Seven’s financial leaders agreed on Thursday (19 May) on $18.4 billion to help Ukraine pay its bills in coming months and said they were ready to stand by Kyiv throughout its war with Russia and do more if needed, a draft communique showed.
Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy – the G7 – are holding talks as Ukraine, invaded by Russia on 24 February, is struggling to fend off the attack and is running out of cash.
“In 2022, we have mobilised $18.4 billion of budget support, including $9.2 billion of recent commitments,” the draft communique seen by Reuters said.
“We will continue to stand by Ukraine throughout this war and beyond and are prepared to do more as needed,” it said.
In the draft, the G7 welcomed the European Commission’s proposal on Wednesday to lend €9 billion to Ukraine and noted that the European Bank for Reconstruction and Development and the International Financial Corporation planned support worth $3.4 billion. But it was not clear if these funds were part of the $18.4 billion or separate.
0 Comments
0 Shares
0 Reviews
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Japanese