Finance: Ukraine

Treasury written question – answered on 14th September 2022.

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Photo of Emma Hardy Emma Hardy Labour, Kingston upon Hull West and Hessle

To ask the Chancellor of the Exchequer, what steps the Government is taking to ensure that financial support provided to (a) the Ukrainian Government and (b) NGOs involved in Ukraine is being used for its intended purposes; and whether he plans to make that information available publicly.

Photo of Chris Philp Chris Philp The Chief Secretary to the Treasury

The UK is one of the largest aid donors to Ukraine, committing over £3.8 billion in assistance. This comprises approximately £2.3 billion in military assistance, and £400 million in economic and humanitarian grant support, including a £220 million package of humanitarian aid. The £3.8 billion package also includes a commitment of approximately £1.3 billion in loan guarantees to support Multilateral Development Banks, particularly the World Bank, to scale up their lending to support the Government of Ukraine’s delivery of essential services. The World Bank has robust financial and risk management systems that ensure support is well-targeted and effectively delivered.

The UK government pledges to support Ukraine are published on gov.uk.

The UK is also the largest donor to the United Nation’s (UN) Ukraine Humanitarian Fund which grants funding to Non-Government Organisations (NGOs). Our support through this fund will help reach over 2.1m people in need in Ukraine. Inside Ukraine, we are providing support directly to the Government of Ukraine and through the UN, Red Cross and NGOs, including with in-kind assistance. This support is delivered in accordance with the FCDO’s programme management standards to minimise risk and ensure compliance of partners. The UK funds trusted international partners like Mercy Corps and the UN Office for the Coordination of Humanitarian Affairs, through whom we can identify suitable local responders and organisations to provide assistance to communities most in need of support. These organisations have processes to ensure that local responders meet FCDO standards on financial management and preventing exploitation, as well as ensuring they have sufficient capacity to deliver the project to ensure good value for money. We are also conducting independent monitoring to provide assurance that funds are well spent

The UK government remains determined to continue to work with international partners, multilateral institutions, and civil society organisations to support Ukraine and its government, by ensuring pledged economic support reaches the country and those affected by the conflict as rapidly as possible.

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