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G7 to pledge USD 18.4 billion for Ukraine budget support

#StandWithUkraine
May 20,2022 232
G7 to pledge USD 18.4 billion for Ukraine budget support

The Group of Seven has drafted a plan to allocate USD 18.4 billion in budget support for Ukraine.  This amount is estimated to cover budget expenditures for May, June and July based on calculations of the government of Ukraine, the IMF and World Bank.

lthough USD 5 million per month was the initial allocation, the final package may be higher due to contributions of multilateral development banks.

 

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