G7 countries increase their economic support for Ukraine

Finance ministers and central bank governors of the G7 countries, comprising the US, Germany, England, Canada, France, Italy and Japan, issued a joint statement after their meeting in Bangalore, India.

At the beginning of the statement, it was noted that we are deeply saddened by the loss of life and destruction caused by the devastating earthquakes in Turkey and Syria, and that support for the people affected by the earthquake continues.

On the eve of the anniversary of the Russia-Ukraine war, the statement stressed determination to strengthen international cooperation to address global economic challenges caused by the war and Russia’s militarization of food and energy.

“In accordance with the needs of the Ukrainian government, we have increased our budget and financial support commitment to $39 billion by 2023,” the statement said. expression was used.

G7 finance ministers and central bank governors also called on the IMF to present Ukraine with a “credible, ambitious, fully funded and properly conditional” program by the end of March.

The statement also reiterated the commitment to the coordinated economic measures implemented in response to the Russian war, stating that the joint efforts will continue to support and contribute to the restoration of Ukraine’s critical infrastructure.

“We will continue to work closely and with our partners to enforce our sanctions and prevent attempts to evade or evade sanctions. In this context, we call on other countries to join our sanctions against Russia.” It was said. (AA)