The seven major countries (G7) have indicated that they are ready to take further action once morest Russia. It also announced that it would provide “great” financial support to Ukraine.
The G7 Treasury Minister and Central Bank Governor issued a joint statement on the 1st following an online meeting. “From 2014 to 2021, partner countries provided Ukraine with more than $ 48 billion in financial support,” he said. “We will continue to strengthen support in 2022.” It is. ” Ukrainian Treasury Minister Marchenko also attended the meeting.
“We are focused on doing the utmost damage to the Russian economy, Mr Putin’s supporters, and Russia’s capital markets,” said Germany’s Finance Minister Lindner, who chairs the G7 this year. “All the measures we are taking are aimed at reducing Russia’s ability to wage this war,” he said.
Russia’s financial crisis, central bank sanctions “turning point” -currency plunge cannot intervene
Original title:G-7 Finance Chiefs Ready for More Russia Action to Help Ukraine(excerpt)
