UK to announce $3 billion financial aid package for Ukraine
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The United Kingdom will announce another major package of financial support for Ukraine, including $3 billion in World Bank loan guarantees, to bolster Ukraine’s economic stability as it continues to push back Russian forces, the UK Government said in a press release on June 21.
The funding will support vital public services, including the costs of running schools and hospitals, it said.
"It is the first bilateral package of multi-year fiscal assistance to be set out by a G7 country, underlining the UK’s unwavering commitment to the country, both now and in the future," reads the report.
"It brings the UK’s non-military assistance to Ukraine to more than £4.7 billion (over $5.7 billion)."
Ukrainian President Volodymyr Zelenskyy had a phone talk with UK Prime Minister Rishi Sunak on June 19. The officials discussed the course of hostilities, Ukraine’s defense needs, as well as further cooperation on this issue.
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