Ukraine requests $50bn in aid ...News

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Ukraine requests $50bn in aid

President Zelensky’s economic advisor also suggests issuing 0% war bonds Ukrainian economic adviser Oleh Ustenko has requested $50 billion in financial support from the G7 countries to cover the budget deficit created by the military conflict with Russia in a television address on Sunday. He said Kiev is also considering issuing 0% coupon bonds to bridge the fiscal gap. In the meantime, the World Bank is preparing a $1.5 billion support package for Ukraine. The loan will include a $1-billion payment from the development lender’s fund for the poorest countries. The funding comes on top of about $923 million in fast

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