UK unveils $3bn backing for Ukraine reconstruction ...Middle East

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UK unveils $3bn backing for Ukraine reconstruction
LONDON: The UK will back Ukraine’s economy to the tune of $3 billion over the next three years while it fights back against Russian forces, Prime Minister Rishi Sunak announced on Tuesday.More than 1,000 foreign dignitaries from 61 countries along with captains of industry and global investors are expected in London for a two-day conference to help Ukraine get back on its feet.The International Ukraine Recovery Conference 2023, starting Wednesday, is looking for more help from private-sector investors to strengthen the war-torn nation’s battered finances.Downing Street said Ukraine’s GDP has taken a 29-percent hit since the start of the invasion in February last year, with Russia targeting t

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