Ukraine has asked G7 for US$50b to cover budget deficit, says senior official

Business & Finance
17 Apr 2022 • 7:43 PM MYT
Malay Mail
Malay Mail

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A G7 logo is seen on an information sign near the Carbis Bay hotel resort, where an in-person G7 summit of global leaders is due to take place in June, St Ives, Cornwall May 24, 2021. — Reuters pic

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KYIV, April 17 — Ukraine has asked G7 nations for US$50 billion (RM211 billion) in financial support and is also considering issuing 0 per cent coupon bonds to help it cover a war-linked budget deficit over the next six months, the president’s economic adviser Oleh Ustenko said today.

Speaking on national television, Ustenko said these options were being actively discussed. — Reuters

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