G7 countries approves to provide financial support to Ukraine

Group of Seven (G7) countries have agreed to provide financial support to Ukraine to meet its immediate financing needs. The US Senate has approved a USD 40 billion package of military, economic and humanitarian assistance to Ukraine.

Christian Lindner (German Finance Minister) has announced a contribution of USD 1.1 billion to Ukraine’s budget. The European Commission has pledged up to USD 9.5 billion of macro-financial assistance in the form of loans.