Ukraine asks G7 for $50 billion to cover budget shortfall

Ukrainian hryvnia
(Image credit: Todor Dinchev/iStock)

Ukraine has asked the G7 countries for $50 billion to help cover the war-torn country's budget shortfall, Oleh Ustenko, the economic adviser to Ukrainian President Volodymyr Zelensky, said Sunday.

Per Reuters, Ukraine "is also considering issuing zero percent coupon bonds to help it cover a war-linked budget deficit over the next six months."

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Grayson Quay

Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-GazetteModern AgeThe American ConservativeThe Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.