The U.S. Department of the Treasury has announced the allocation of a USD 20 billion loan to Ukraine, which will be repaid from proceeds from frozen russian assets.
The press service of the U.S. Department of the Treasury has reported this.
This decision is part of the G7 initiative, within the framework of which Ukraine will be provided with a total of USD 50 billion to support critical services, hospitals and other necessary institutions.
"These funds – paid for by the windfall proceeds earned from Russia’s own immobilized assets – will provide Ukraine a critical infusion of support as it defends its country against an unprovoked war of aggression," said U.S. Secretary of the Treasury Janet L. Yellen.
Prime Minister Denys Shmyhal reported that the funds have already been transferred to the World Bank fund, through which they will be available to Ukraine.
"We will make the aggressor pay for the destruction, and this is an intermediate step. After all, our goal is unchanged – the complete confiscation of all sovereign assets of Russia in favor of Ukraine," he wrote in the Telegram channel.
Recall, Reuters suggests that Trump may use USD 300 billion in frozen russian assets as a bargaining chip in negotiations with putin.
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