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What will be the primary use of the $50 billion G7 package to Ukraine by Dec 31, 2025?
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Resolution / Starting Odds
Defense spending • 25%
Infrastructure rebuilding • 25%
Humanitarian aid • 25%
Economic reform • 25%
Reports from Ukrainian government and international financial auditors
Story
U.S. Provides $20 Billion Loan to Ukraine, Part of $50 Billion G7 Package, Repaid with Russian Assets
Dec 11, 2024, 11:57 AM
The Biden administration has announced a $20 billion loan to Ukraine, which will be repaid using the interest earned from $300 billion in frozen Russian assets. This loan is part of a larger $50 billion support package from the G7 nations aimed at bolstering Ukraine's defense and recovery efforts. The U.S. Treasury Department has already transferred the funds to a World Bank intermediary fund, marking a significant financial move to make Russia bear the cost of its illegal war on Ukraine.
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