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Reuters

Business

Ukraine has asked G7 for $50 billion to cover budget deficit, says senior official

Ukraine Serhii Nuzhnenko

A view shows an orthodox church damaged by a military strike, as Russia's attack on Ukraine continues, in Sievierodonetsk, Luhansk region, Ukraine April 16, 2022. REUTERS/Serhii Nuzhnenko

Ukraine has asked G7 nations for $50 billion in financial support and is also considering issuing 0% coupon bonds to help it cover a war-linked budget deficit over the next six months, the president's economic adviser Oleh Ustenko said on Sunday.

Speaking on national television, Ustenko said these options were being actively discussed.

Remains of a missile are seen on a yard of a residential house, as Russia's attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine April 16, 2022. REUTERS/Serhii Nuzhnenko

(Reporting by Natalia Zinets; Writing by Alessandra Prentice; Editing by Toby Chopra)

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