President of Ukraine Volodymyr Zelensky © Sergei SUPINSKY / AFP
Axios: Ukraine seeks $50B from G7 to cover budget deficit, senior official says
Ukraine has requested $50 billion in financial assistance from G7 countries, economic adviser Oleh Ustenko said on Sunday, Reuters reports.
Why it matters: An analysis by the Economist Intelligence Unit released last month projected Russia's unprovoked invasion would crater the Ukrainian economy by a whopping 47% in 2022.
* "We do not believe that Ukraine's GDP will recover to pre-war levels for more than a decade," analysts at the consultancy wrote.
* Ustenko said on Sunday that his country could also issue 0% coupon bonds to address the budget deficit over the next six months.
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WNU Editor: As the war grinds on, this will be the first of many requests from Kyiv. But will the G7 be willing to finance this war for years? .... Ukraine can fight Russia ‘for 10 years’ – Zelensky (RT).
Ukraine Requests $50B From G7 To Cover Budget Deficit
Ukraine has asked G7 for $50 bln to cover budget deficit, says senior official -- Reuters
Ukraine asks G7 for $50 billion to cover budget shortfall -- The Week
Day 54 of Ukraine crisis: Ukraine asks G7 for $50b to cover budget deficit -- CGTN
Ukraine requests $50bn in aid -- RT
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