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Reuters
Reuters
Business
By Andrea Shalal and Jorgelina do Rosario

Ukraine's Marchenko says G7 support crucial for 'longer' war with Russia

Ukrainian Finance Minister Serhiy Marchenko speaks during an interview with Reuters on the country's financing and recovery needs after days of meetings with finance officials from around the world at the International Monetary Fund Building in Washington, D.C., U.S. April 15, 2023. REUTERS/Ken Cedeno

A new international economic support package of $115 billion gives Ukraine more confidence that it can prevail in battling Russia's invasion, amid growing recognition that the war could continue for longer than expected, Ukrainian Finance Minister Serhiy Marchenko said on Saturday.

Marchenko said Group of Seven (G7) finance ministers assured him during this week's International Monetary Fund and World Bank meetings in Washington that they will support Ukraine for as long as needed, a shift from last year, when there was more pressure for Ukraine to agree to end the war.

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