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G7 finance ministers ready to aid Ukraine

In a joint statement, the finance ministers of the G7 countries say they are united in their commitment "to provide strong financial backing to Ukraine"

© EPA/LIONEL CIRONNEAU/ POOL

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BERLIN, March 03. /ITAR-TASS/. Finance ministers from the Group of Seven - the world’s wealthiest nations - have promised a firm aid package to Ukraine “with IMF support”.

In a joint statement, published by Germany’s Finance Ministry on Monday, the finance ministers of the United States, Japan, Germany, France, Great Britain, Canada and Italy said, “We closely monitor the situation in Ukraine. We are united in our commitment to provide strong financial backing to Ukraine.”

The G7 ministers welcomed a planned visit of an International Monetary Fund team to Ukraine this week, “to begin technical and policy discussions with the Ukrainian authorities”.

“IMF support will be critical in unlocking additional assistance from the World Bank, other international financial institutions, the EU, and bilateral sources," the ministers said.

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