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Reuters
Reuters
Business
Leigh Thomas and Francesco Canepa

G7 agree on $18.4 billion to keep Ukraine running, ready with more

Ukrainian Prime Minister Denys Shmyhal is visible on a screen during the finance ministers and central bank chiefs meeting of the Group of 7 (G7) most industrialised nations in Koenigswinter, near Bonn, Germany May 19, 2022. Federico Gambarini/Pool via REUTERS

The Group of Seven's financial leaders agreed on Thursday on $18.4 billion to help Ukraine pay its bills in coming months and said they were ready to stand by Kyiv throughout its war with Russia and do more if needed, a draft communique showed.

Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy - the G7 - are holding talks as Ukraine, invaded by Russia on Feb. 24, is struggling to fend off the attack and is running out of cash.

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