The US Department of Finance announced the allocation of a loan to Ukraine in the amount of $ 20 billion, which will be repaid due to income from frozen Russian assets.
The American Ministry of Finance reported that the United States has fulfilled its obligations to provide Ukraine with a loan of $ 20 billion.
The funds are transferred to the World Bank fund and will be provided to Ukraine through this financial institution. This amount is part of a loan of $ 50 billion, agreed by the countries of the Big Seven (G7) to provide support for Ukraine, the message says.
The Ministry of Finance emphasized that Ukraine’s support is vital for US national interests.
“If you allow Ukraine to fall, this will lead to further aggression of [the President of the Russian Federation Vladimir] Putin and will jeopardize the safety of our NATO allies in Europe,” the report said.
In June, the leaders of the G7 countries agreed on the provision of a loan in the amount of $ 50 billion, which will be repaid by profit from frozen Russian assets. In October, the United States promised to provide Ukraine with $ 20 billion under this initiative.