G7 finance ministers pledge more than $24B in aid to Ukraine

G7 finance ministers pledge more than $24B in aid to Ukraine

G7 finance ministers pledged additional support to Ukraine exceeding $24 billion for 2022 and beyond, adding that they were prepared to do more as needed.

In a statement, the ministers said they regretted Russia's participation in international forums, including G20, International Monetary Fund and World Bank meetings this week, Ukrinform reports referring to Reuters.

"International organisations and multilateral fora should no longer conduct their activities with Russia in a business-as-usual manner," the ministers said.

Earlier, German Chancellor Olaf Scholz said that the G7 countries had promised to allocate EUR 50 billion to Ukraine. Most funds are already available, the rest will be collected soon.

On February 24, 2022, the Russian Federation launched an unprovoked war against Ukraine. The invaders shell and bomb Ukrainian cities, towns, and villages, torturing and killing civilians.

The European Union, the United States, and other countries have imposed strong sanctions on Russia as an aggressor state.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2022 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: