The amount of international obligations for economic and budget support of Ukraine for 2023 and early 2024 increased to $44 billion.
Finance ministers of the G7 countries proposed an increase in economic and budget support for Ukraine in 2023 and early 2024 to $44 billion. This was reported by Bloomberg on Saturday, May 13.
According to the statement, aid to Ukraine at the beginning of 2024 has been increased to $44 billion (we are talking about an increase in aid of about $5 billion – ed.), which will allow the International Monetary Fund to approve a program to support Kiev at the cost of $15.6 billion over four years. .
“This support gives Ukraine confidence and allows its authorities to ensure the functioning of the government, continue to provide basic services, carry out critical repairs to damaged infrastructure and stabilize the economy,” the communiqué said. following a meeting of G7 financial experts in Niigata, Japan.
In a joint statement, the ministers also called for an immediate end to Russia’s war against Ukraine, which would remove one of the biggest uncertainties about the global economic outlook.
Recall that earlier the IMF said that the mobilization of domestic revenues is the main condition for sustainable and long-term economic growth in post-war Ukraine.
Why Ukraine needs cooperation with the IMF
Source: korrespondent
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