Russia Ukraine receives 15 billion dollars in G7 aid from the USA
Ukraine, which is at war with Russia, is to receive 15 billion US dollars (14.37 billion euros) from the USA as part of a large G7 aid package. This has been agreed between the World Bank as the administrator of the money and the Ukrainian Ministry of Finance, announced Prime Minister Denys Shmyhal in Kiev on Telegram. The sum is to be used for social and humanitarian purposes.
30.12.2024, 21:57
SDA
To Moscow's annoyance, the sum is secured by interest income on Russian state assets that are frozen in the West. The Group of Seven leading democratic industrialized countries (G7) and the EU want to provide Ukraine with a loan of 50 billion US dollars (around 48 billion euros) in this way. The USA's share amounts to a total of 20 billion US dollars.
Also on Monday, outgoing US President Joe Biden released bilateral aid for Ukraine of just under 2.5 billion US dollars (2.36 billion euros). In addition, US Treasury Secretary Janet Yellen announced that she would pay Ukraine 3.4 billion US dollars (3.27 billion euros) in budget support. The sums announced by Biden and Yellen are funds that have already been released by the US Congress.
The USA is Ukraine's biggest supporter in its almost three-year defensive struggle. It is uncertain what course Biden's successor in office, Donald Trump, who will be sworn in as the 47th US president on January 20, will take.
