Another billion for Ukraine: On Tuesday, December 24 prime minister Ukraine's Denys Shmyhal announced on the Telegram platform that Ukraine received the first billion dollars of the $20 billion loan. Money were secured with proceeds from frozen Russian assets under G7 initiatives. The Prime Minister thanked American partners and the World Bank for an important step on the path to justice. “We expect that all Russian property will be confiscated and donated to the reconstruction of Ukraine” – said Denys Szmyhal.
What is the background? December 10 USA informed that it would allocate $20 billion for Ukraine. These money were donated to a special World Bank fund. All funds come from frozen Russian assets.
More: Also read the article “The first Ukrainian Legion volunteers left Poland. The ambassador spoke up“.
Sources: Ukrainian Pravda, Denys Shmyhal Telegram