Russian asset proceeds fund new $20 billion US loan to Ukraine
US Treasury Dept announced the disbursement of $20 billion to Ukraine, marking a significant milestone in the G7's $50 billion extraordinary revenue acceleration initiative.
Browsing Tag
financial aid
16 posts
Pentagon promises to use all available funds for Ukraine support by 20 January
The Pentagon plans to utilize approximately $6 billion in remaining Ukraine support funds before the Biden administration's term ends on 20 January, Deputy Press Secretary Sabrina Singh announced Thursday.
FT: $ 20 bn US pledge boosts G7’s $ 50 bn loan package for Ukraine
The US aims to contribute up to $20 billion to a G7 loan for Ukraine, with repayment from profits on frozen Russian assets, as negotiations accelerate ahead of potential shifts in US aid policy post-election, FT says.
IMF begins fifth review of Ukraine’s EFF program, $1.1 billion tranche expected
The IMF begins its fifth review of Ukraine's Extended Fund Facility, potentially releasing $1.1 billion, as PM Shmyhal discusses reforms, macrofinancial stability, and Russian asset confiscation with IMF's Kammer.
EU approves €4.2 billion payment to Ukraine under recovery Facility
The Council of the EU has approved the first €4.2 billion payment to Ukraine under the €50 billion Ukraine Facility. The funds support macro-financial stability and public administration reforms as part of Ukraine's EU accession process.
Russo-Ukrainian war, day 820: Russian attack on Kharkiv kills 7 people while US officials debate weapons restrictions to strike inside Russia
The attack on Kharkiv targeted a large printing enterprise, killing seven and injuring more than 20 people, after which President Zelenskyy urged the allies again to provide air defense systems to Ukraine.
Europeans largely support humanitarian and financial aid to Ukraine, survey shows
A survey reveals that six in ten Europeans support the EU sending military equipment to Ukraine.
Czechia aims to deliver at least 800,000 ammunition rounds to Ukraine by June
As Ukraine grapples with a severe artillery ammunition shortage, Czechia pledges to contribute tens of millions of euros to the ammunition initiative.
Borrell: European Commission provides $ 4.8 bn in its first macro-finance tranche to Ukraine
The European Commission transferred the first tranche of macro-financial assistance to Ukraine from the large €50 billion ($…
Lithuania to allocate over $ 5 mn to rebuild destroyed schools and kindergartens in Ukraine
Over 3,500 educational institutions suffered damage due to Russian aggression in Ukraine. Deputy Minister of Education Yevhen Kudriavets says $14 billion is needed to restore educational infrastructure across the country.
British foreign secretary proposes to loan all frozen Russian assets in UK to Ukraine
The plan could provide funds for arms & budgets if US aid stalls, though it may be "more radical than proposals discussed in the European Union," the Guardian reports.
Ukraine squeezes every last drop for defense in 2024 budget, Russia still 2.5x more
Ukraine is funneling 81% of all tax income to defense in 2024, still counting on $29 bn in aid from partners as Russia boosts military spending
Ukraine to receive $ 353 mn in EU assistance
The EU Commission is to provide financial aid for Ukraine for anti-corruption measures, business support, environmental protection and digitalization.
Ukraine receives $ 2.8 bn in October foreign aid
Such financial aid helps Ukraine pay for urgent budget needs like social protections, humanitarian aid, and salaries for employees in the education and healthcare sectors.
IMF reopens office in Kyiv as cooperation with Ukraine deepens
The International Monetary Fund (IMF) announced it resumed operations at its permanent office in Kyiv, underscoring the financial institution's expanding collaboration with Ukraine within the agreed $15.6 billion program over four years.
US allocates USD 1.3 billion in financial aid to Ukraine
The United States will provide $1,3 billion in financial assistance to Ukraine, which will be used for energy…