KYIV, May 15 – The finance ministers and central bank governors of the G7 countries reiterate their unwavering support for Ukraine and announced an increase in economic support for Ukraine for the current and early next year to $44 billion, according to a communiqué following their meeting in Niigata (Japan) on Saturday published on the website of the European Commission.

"We are strongly committed to continue addressing Ukraine's urgent short-term financing needs, as well as supporting its neighboring and other severely affected countries. We, together with the international community, have increased our commitment of budget and economic support for Ukraine for 2023 and early 2024 to $44 billion, which enabled the approval of an International Monetary Fund (IMF) program for Ukraine amounting to $15.6 billion over 4 years," the report said.