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The G7 will allocate $50 billion in loans to Ukraine.

The leaders of the G7 have agreed to provide Ukraine with $50 billion in loans through an emergency revenue acceleration mechanism. These funds will be serviced using frozen Russian assets.
G7 предоставит Украине кредит в размере 50 миллиардов долларов.

The G7 leaders have agreed to provide Ukraine with $50 billion in the form of loans. This information was reported in a joint statement by the G7, according to UNN.

Additionally

The leaders of the Group of Seven reached an agreement to offer Ukraine $50 billion in loans through an emergency income acceleration mechanism. These funds will be serviced from future revenues generated by the immobilization of Russian sovereign assets in accordance with G7 legal systems and international law. The disbursement of funds is planned to occur through various channels, including budgetary, military, and reconstruction assistance to Ukraine.

The leaders expressed gratitude for the timely implementation of this historic decision and noted the constructive involvement of the European Union in reaching these agreements. It was stated that the G7 reaffirms its commitments made at the summit in Apulia and focuses on supporting Ukraine in the face of aggression from the terrorist, which has caused significant harm to the Ukrainian people.

The G7 will announce contributions of $50 billion in loans for Ukraine on October 25 - European CommissionerOctober 22, 2024, 09:17 • 107486 views