G7 offers $9.5 billion new aid for Ukraine, ready with more


FILE PHOTO: 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

KOENIGSWINTER, Germany (Reuters) -The Group of Seven's financial leaders agreed on $9.5 billion in new aid to Ukraine on Friday and promised enough money to keep the country's devastated economy afloat as long as it fights against Russia's invasion.

Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France and Italy - the G7 - said their support for Ukraine in 2022 so far would be $19.8 billion. The German finance ministry clarified the total included $10.3 billion already promised or disbursed earlier.

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