Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether he has made an assessment with Cabinet colleagues of how the UK's contribution to the reconstruction of Ukraine will be financed if there is a shortfall in the amount expected to be raised by Russian sanctions.
The UK is helping Ukraine secure support for its recovery and reconstruction needs. The Ukraine Recovery Conference on 21-22 June raised more than $60 billion in new support, including a further $3 billion in UK guarantees to World Bank lending and up to £240 million of UK bilateral assistance. We are working with partners to ensure that Russia pays for the consequences of its illegal war. We have sanctioned over 1,600 individuals and entities, freezing over £18 billion of assets in the UK. On 19 June we introduced legislation enabling sanctions on Russia to be maintained until Moscow pays compensation to Ukraine.