Skip to content
Edit post

Shmyhal: Ukraine to receive more than $5 billion in additional aid from G7 countries

by The Kyiv Independent news desk April 15, 2023 1:04 PM 1 min read
Prime Minister Denys Shmyhal said on April 14 that G7 countries had agreed to more than $5 billion in additional aid. (Photo: Denys Shmyhal / Facebook)
This audio is created with AI assistance

Finance ministers from the G7 countries have pledged more than $5 billion in additional aid to Ukraine, Prime Minister Denys Shmyhal reported on April 14.

According to Shmyhal, the negotiations occurred within the framework of the Spring Meetings organized by the World Bank and the International Monetary Fund.

Additionally, Switzerland will provide Ukraine with 1.8 billion francs ($2 billion) over the next six years, and Denmark is creating a special fund worth 1 billion euros.

According to Shmyhal, Spain, Ireland, Japan, Lithuania, Latvia, Iceland, and the Netherlands will also provide additional support to Ukraine.

"All this will help us win and ensure the stability of our economy," Shmyhal wrote.

On April 12, Shmyhal also said that the World Bank had pledged $200 million in aid to restore Ukraine's energy infrastructure, which has suffered damage from ongoing Russian missile strikes since October.

Ukraine war latest: Russia intensifies Bakhmut assault; 2-year-old killed in Russian missile strike (GRAPHIC)
Editor’s note: This story contains graphic images that some readers may find uncomfortable. Key developments on April 14: * UK Defense Ministry: Russia ‘re-energized’ assault on Bakhmut as the Kremlin and Wagner improve cooperation * Ukrainian army rejects Russia’s claim of being surrounded in B…

News Feed

11:25 PM

EU to allocate $36 billion of financial support to Ukraine.

The European Union will provide 35 billion euros ($36 billion) in financial assistance to Ukraine in 2025 through the G7 ERA credit initiative and the Ukraine Facility program, European Commission's vice-president and trade commissioner announced on Jan. 22.
9:39 PM

Ukraine's OnlyFans content creators declare more than $7 million in income.

After the country's tax service sent out requests to Ukrainian citizens who earn money on the platform, 451 people sent in declarations totaling Hr 326.1 million ($7.76 million) for the period of 2020-2022, Ekonomichna Pravda reported on Jan. 22, citing information requested from the country's tax service.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.