Arab Press

بالشعب و للشعب
Friday, Aug 22, 2025

G7 says it is setting up multi-agency platform to coordinate aid to Ukraine

G7 says it is setting up multi-agency platform to coordinate aid to Ukraine

Group of Seven rich nations on Monday said they would set up a multi-agency platform to coordinate aid to Ukraine and support its repair, recovery and reconstruction, with senior representatives to convene as soon as possible in January.
G7 leaders in a joint statement issued after a virtual meeting said they would work with Ukraine, international partners and international financial organizations to establish the new Donor Coordination Platform.

"Through this platform, we will coordinate existing mechanisms to provide ongoing short- and long-term support ..., coordinate further international funding and expertise, and encourage Ukraine’s reform agenda as well as private sector led growth," they said,

The G7 leaders said they would set up a secretariat for the platform and each member country would designate a senior government representative to oversee creation of the platform and coordination efforts.

"We firmly support efforts to secure Ukraine’s immediate financial stability and its recovery and reconstruction towards a sustainable, prosperous and democratic future, in line with its European path," they said in the statement.

The effort will build on a recovery conference held in Berlin in October and a separate event in London in June. International donors are due to meet again in Paris on Tuesday.

G7 leaders also pledged to help Ukraine meet winter preparedness needs and support civilian resilience, and vowed to keep drumming up international support for Ukraine’s urgent short-term financing needs.

They said they would ask G7 finance ministers to meet shortly to discuss a joint approach for coordinated budget support in 2023, with the International Monetary Fund (IMF) to play a central role.

IMF Managing Director Kristalina Georgieva told the Reuters NEXT conference on Dec. 1 it was critical to "front-load" aid to Ukraine ahead of harsh winter months, given ongoing Russian attacks on Ukraine's infrastructure.

The IMF has provided $2.7 billion in emergency financing to Ukraine and recently agreed a board monitoring program with Ukraine that should pave the way for a larger financing program.

World Bank President David Malpass told the same conference that the World Bank had disbursed $18 billion to Ukraine, with much of it coming from the United States and Europe.

But the country will need $3 billion to $5 billion per month in budgetary assistance to keep its government running, the IMF estimates. That is up to $1 billion a month more than it forecast in October.
Comments

Oh ya 3 year ago
Once the Nazis sign up to the IMF it will be like dealing with Luis the loan shark. If you borrow from them it is because you can not afford it yourself yet are expected to pay them back with interest. But the little Jewish Nazis running the country has likely stole enough he will just disappear

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
×