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Thursday, December 26, 2024

War in Ukraine. The first billion from the USA. Money is already flowing from Russian assets

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Ukraine received from the United States billion dollarssecured by income from frozen Russian assets,” Shmyhal wrote on Telegram.

To first tranche of $20 billionwhich United States are ready to spend in connection with using frozen Russian assets as part of the G7 initiative, worth a total of USD 50 billion.

“We thank American partners and the World Bank for this an important step on the path to justice. We expect that all Russian property will be confiscated and transferred to the reconstruction of Ukraine,” Shmyhal said.

USA. Money from Russian assets went to Ukraine

The US Ministry of Finance announced on December 10 payment of USD 20 billion to Ukraine loan based on Russia's frozen assets. The funds were transferred to a special World Bank fund, which was made available to Ukraine.

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The announcement of the loan was the finalization of something announced back in the summer financial support from G7using the profits generated by the frozen assets of the Central Bank Russia to repay the loan.

At the end of November, transferring its part of the loan to Ukraine – 18 mld euro – she announced European Union.

Russians do not agree with such actions of the Westand call the use of the mechanism involving the use of Russian assets “robbery” and announce retaliation.

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