{"analytics_identifier":null,"base_path":"/government/news/further-support-for-ukraine","content_id":"1a566b14-7f44-4e3b-8955-d53454f92aa5","description":"The Chancellor has announced a new package of over £10bn in economic and military support for Ukraine.","details":{"attachments":[],"body":"<div class=\"govspeak\"><h2 id=\"supporting-ukraine\">Supporting Ukraine</h2>\n\n<ul>\n  <li>Russia’s illegal invasion of Ukraine poses a serious threat to UK prosperity and security. We are proud to be a leading partner in providing vital support to Ukraine</li>\n  <li>Today the Chancellor announced that we are making available over £10 billion of additional financial support to Ukraine, underlining the UK’s position as a leading partner amidst illegal Russian attacks. As part of this package, we are making available £7 billion of economic support over three years, including:\n    <ul>\n      <li>Up to £5.5 billion of World Bank guarantees</li>\n      <li>A £0.5 billion grant contribution to the World Bank International Development Association’s crisis facility, mobilising £1.5 billion of support for Ukraine</li>\n    </ul>\n  </li>\n  <li>This package also includes £0.5 billion in additional military support for Ukraine’s air defences this winter - together with £750 million already committed from the UK’s Extraordinary Revenue Acceleration loan to Ukraine, this takes UK military support provided this year to Ukraine to £4.3 billion. This is in addition to the UK’s commitment to provide £3 billion military support to Ukraine until at least 2030-31 or for as long as it takes</li>\n  <li>Alongside this, the package includes a £3 billion increase in UK Export Finance capacity for Ukraine, prioritised for military support, bringing total UKEF cover to £6.5 billion</li>\n  <li>Including today’s announcement, the UK has committed a total of £35 billion for Ukraine:\n    <ul>\n      <li>£16 billion in military support (including our £2.26 billion Extraordinary Revenue Acceleration (ERA) Loan contribution)</li>\n      <li>up to £12.6 billion in non-military support (including bilateral assistance and fiscal guarantees)</li>\n      <li>£6.5 billion cover limit for export finance support (via UK Export Finance for reconstruction and defence projects)</li>\n    </ul>\n  </li>\n</ul>\n\n</div>","change_history":[{"note":"First 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