G7 countries to provide $19.8 billion in aid to Ukraine

The Group of Seven leading economies and global financial institutions are providing $19.8 billion in aid to bolster Ukraine's public finances, Germany's finance minister said Friday.

Christian Lindner told reporters that $9.5 billion of the total was mobilized at meetings of the G-7 finance ministers this week.

He says the goal is to ensure that Ukraine's financial situation does not impact Ukraine's ability to defend itself from Russia's invasion.


As the finance ministers were meeting in Germany, the US overwhelmingly approved its own $40 billion infusion of military and economic aid for Ukraine and its allies. The legislation was backed by every voting Democrat and most Republicans.