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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

G7 Commits to $32 Bln in Budget Support for Ukraine in 2023

Flags are pictured during the first working session of G-7 foreign ministers in Muenster, Germany, November 3, 2022. REUTERS/Wolfgang Rattay/Pool/File Photo

The Group of Seven (G7) wealthy nations has mobilized up to $32 billion in budget and economic support for Ukraine next year, their finance ministers said in a joint statement on Thursday, adding that they are prepared to give more if needed.

"We remain strongly committed to addressing Ukraine's urgent short-term financing needs," the ministers said, while encouraging other donors to up their contributions to the war-torn country.

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