Britain is ready to provide Ukraine with more than half a billion dollars in aid/Channel 24 Collage
Great Britain is ready to provide another $525 million in loan guarantees to Ukraine to allocate World Bank funds at the end of the year. These funds should reimburse Ukraine's expenses on public sector wages.
This was reported by the press service of the British government. Thus, the UK seeks to minimize the risks that Ukraine will run out of financial reserves by autumn.
New package of financial assistance from the UK
London is ready to provide more $525 million in loan guarantees to provide World Bank funds at the end of the year. These loans will cover Ukraine's expenses for:
- public sector wages,
- school maintenance,
- hospital funding.
Johnson called on the West to continue supporting Ukraine
According to Prime Minister Boris Johnson, any delay in Western support for Ukraine plays into the hands of Putin. He stated this today at a meeting of G7 leaders. He noted that the first few weeks and months of Ukrainian resistance were characterized by global unity and a surge of support. However, it is important that the assistance be long-term.
According to him, the meeting in Germany is a good opportunity for Western leaders to demonstrate to Russia that the world will support Ukraine for as long as necessary.
Britain's support : main
- British Prime Minister Boris Johnson said that the issue of Ukraine is a matter of principle for him. He stressed that the defeat in aid to Ukraine could be the reason for his resignation.
- Johnson visited Kyiv for the second time since the start of the full-scale invasion. On June 17, Vladimir Zelensky met with him at the Mariinsky Palace. Head of the Office of the President Andriy Yermak said that the leaders discussed the supply of heavy weapons and air defense systems. They also raised issues of economic support for Ukraine, sanctions pressure on Russia and security guarantees for Ukraine.
- In addition, Johnson offered training for the Ukrainian Armed Forces in the UK. Thousands of Ukrainian soldiers will be able to take part in the exercises.
- The UK has now reduced gas imports from Russia by 75% compared to the same period a year earlier. As for oil, British imports fell by half. The last time the country received a batch of liquefied natural gas was on March 2, 2022, and by the end of this year, official London has no plans to buy fossil fuels from the aggressor state.
