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Ukraine to receive over $5bn in additional support from G7 - Shmyhal

The funds will come from France, Germany and the UK.

Ukraine to receive over $5bn in additional support from G7 - Shmyhal
Prime Minister Denys Shmyhal
Photo: Cabinet of Ministers

Ukraine will receive more than $5 billion in additional support from the Group of Seven member states, Prime Minister Denys Shmyhal has said following his visit to Washington.

"Following the talks with the finance ministers of the Group of Seven countries at the Spring Meetings, we received assurances of additional support for Ukraine in the amount of more than $5 billion. In particular, we have agreed on additional support packages with France, Germany and the UK," Shmyhal said.

Switzerland will allocate 1.8 billion francs over the next six years. Denmark is creating a special fund and plans to fill it with €1 billion. Spain, Ireland, Japan, Lithuania, Latvia, Iceland and the Netherlands will also provide additional support to our country.

"All this will help us to win and ensure the sustainability of our economy," he added.

As reported earlier, the United States will provide Ukraine with another $4.9 billion. The funds will become available this September. Earlier, Ukraine and Japan signed a $400-million grant agreement.

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