The United States will transfer $20 billion to Ukraine. within the framework of the loan
The loan will be repaid using the profits from the assets of the aggressor country of the Russian Federation frozen in the West. This is part of the G7 decision to provide Ukraine with $50 billion. This money is necessary for the protection and sustainability of Ukraine. President Zelensky announced this on October 23 in an evening address.
There is now important news from the United States: America has decided to allocate $20 billion. These are funds secured by frozen Russian assets, he said.
The head of state thanked the United States and the entire Group of Seven and noted the importance of implementing these plans as early as 2024.
Prime Minister Denis Shmigal informed on Telegram that these 20 billion dollars. is part of a joint support package from the G7 countries and the EU totaling $50 billion. This week, the European Union and Great Britain also made similar decisions.
This money from partners will go to the most important financial needs of Ukraine in 2025. Szmigal emphasized that thanks to this assistance, our allies are creating a solid foundation for the economic and financial stability of Ukraine.
Let us remind you that on October 23, the Council of the European Union finally approved the allocation of a loan to Ukraine in the amount of up to 35 billion euros. This loan will be repaid using profits from the frozen assets of the Russian Federation. The decision will finally enter into force the day after its publication in the Official Journal of the European Union.
This money is the bloc’s contribution to the G7 initiative to provide Ukraine with $50 billion. a loan that will be repaid using profits from frozen assets of the Russian Federation.
Source: Racurs
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.