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Reuters
Reuters
Business

G7 countries commit $18.4 billion in funds for Ukraine - draft

Attendees pose for a family photo during the G7 Summit in Koenigswinter, near Bonn, Germany May 19, 2022. REUTERS/Benjamin Westhoff

The Group of Seven (G7) industrialised nations have committed $18.4 billion in transfers and loans to help Ukraine meet its immediate financing needs, according to a draft communique seen by Reuters on Thursday.

"We have mobilised 18.4 billion US dollars of budget support, including 9.2 billion US dollars of recent commitments in the lead up to the Petersberg meeting, to help Ukraine close its financing gap and continue ensuring the delivery of basic services to the Ukrainian people," the G7 finance ministers and central bankers said in the draft document.

They were meeting near Bonn, Germany, on Thursday and Friday.

Ukrainian Prime Minister Denys Shmyhal is visible on a screen during the finance ministers and central bank chiefs meeting of the Group of 7 (G7) most industrialised nations in Koenigswinter, near Bonn, Germany May 19, 2022. Federico Gambarini/Pool via REUTERS

(Reporting By Jan Strupczewski and Francesco Canepa; Editing by Angus MacSwan)

Canada's Finance Minister Chrystia Freeland, U.S. Treasury Secretary Janet Yellen, Germany's Finance Minister Christian Lindner and British Chancellor of the Exchequer Rishi Sunak speak as they gather to pose for a family photo during the G7 Summitin Koenigswinter, near Bonn, Germany May 19, 2022. REUTERS/Thilo Schmuelgen
Germany's Finance Minister Christian Lindner looks on after a family photo during the G7 Summitin Koenigswinter, near Bonn, Germany May 19, 2022. REUTERS/Thilo Schmuelgen
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