On December 10, the US Treasury announced a loan of $20 billion to Ukraine. It will be paid off using income from frozen Russian assets.
The funds are allocated as part of the G7 initiative, which provides Ukraine with $50 billion.
These funds, paid for through windfalls generated by Russia’s own immobilized assets, will provide critical support to Ukraine as it defends its country against an unprovoked war of aggression, said Treasury Secretary Janet L. Yellen.
The Ministry of Finance confirmed that this payment is the fulfillment of the United States’ October commitment to provide Ukraine with a loan of $20 billion. from the EU, as well as loans from G7 allies.
Source: Racurs
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