Espreso. Global

Ukraine gets almost $33 billion from G7 countries since start of full-scale war

14 October, 2023 Saturday
15:40

Since the beginning of Russia's full-scale invasion, Ukraine has received almost $33 billion from the G7 countries. They have become key in ensuring the balance of the state budget and financing critical expenditures

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Ukraine's Minister of Finance Sergii Marchenko announced.

"Concessional financing and grants from the G7 countries have become key to balancing Ukraine's State Budget and financing critical expenditures. Since February 24, 2022, the G7 has provided almost USD 33 billion to the State Budget. This is more than half of all external financing for this period," he said during meetings with G7 finance ministers.

It is noted that the meetings were focused on discussing the needs of the state budget of Ukraine next year, as well as the use of frozen assets of the Russian Federation in favor of Ukraine.

In total, since the beginning of the full-scale invasion, the Ministry of Finance of Ukraine has attracted USD 64.9 billion of external financing to the State Budget. The largest donors are the EU, the U.S., the IMF, Canada, Japan, the World Bank, the UK and Germany.

  • At the International Donor Conference in Zagreb, representatives of Croatia, Spain, Switzerland, Norway, Slovenia, Slovakia, Austria, and Sweden announced the allocation of €143 million to help demine Ukrainian territories.


 
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