“1 billion dollars: Ukraine receives the first tranche of frozen assets from the USUkraine has received the first tranche of $1 billion from the United States from frozen Russian assets. This is part of a G7
initiative totaling $20 billion to be allocated by the United States.”, — write: unn.ua
Details
According to the prime minister, this is the first tranche of the planned $20 billion that the United States is ready to allocate through the use of immobilized Russian assets under the G7 initiative.
Shmyhal thanked the American partners and the World Bank.
“We expect that all sovereign Russian assets will be confiscated and used to rebuild Ukraine,” the prime minister said.
Recall
In December, the U.S. Treasury Department announced $20 billion in funding for Ukraine as part of the G7’s $50 billion Extraordinary Revenue Acceleration (ERA) initiative