KOENIGSWINTER, Germany—The Group of Seven’s financial leaders agreed on $9.5 billion in new aid to Ukraine on Friday and promised enough money to keep the country’s devastated economy afloat as long as it fights against Russia’s invasion.
Finance ministers and central bank governors of the United States, Japan, Canada, Britain, Germany, France, and Italy—the Group of Seven (G7)—said their support for Ukraine in 2022 so far would be $19.8 billion. The German finance ministry clarified the total included $10.3 billion already promised or disbursed earlier.
Of the new money, the United States will provide $7.5 billion in grants, Germany another $1 billion in grants and the remaining $1 billion will be covered by the other G7 countries in the form of guarantees and loans, the German ministry said….