WASHINGTON (Realist English). G7 finance ministers said they have provided and pledged together with international community additional support to Ukraine exceeding $24 billion for 2022 and beyond, adding that they were prepared to do more as needed, Reuters reports.
Previously, Ukraine has requested about $50 billion from the G7 to cover the budget deficit. In March, the expenses of the Ukrainian state budget exceeded revenues by about $2.7 billion. Kiev expects that due to Russia’s special operation, the gap will increase to $5-7 billion per month in April and May.
In addition to the statement on financial support for the Ukraine, the ministers noted that international organizations should not conduct activities with Russia ” in a business-as-usual manner.”
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.
The G7 includes Great Britain, Germany, Italy, Canada, USA, France and Japan.