Ukraine: Development Aid

(asked on 19th December 2023) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask His Majesty's Government what steps they have taken to earmark funds to support Ukraine in the period after the cessation of hostilities.


This question was answered on 5th January 2024

Supporting Ukraine to build a secure and prosperous future is an essential part of our effort to help Ukraine defeat Russian aggression. The Ukraine Recovery Conference (21-22 June 2023) raised over $60 billion in new support, including $3 billion in UK guarantees to World Bank lending and £240 million of UK bilateral assistance for 2023-24. The UK has earmarked up to $1 billion a year in fiscal support through World Bank guarantees between 2023 and 2027. Bilateral allocations for the 2024-25 financial year are still being finalised and funding beyond 2025 will be confirmed after the next Spending Review.

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