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VisitWhat will be the outcome of the G7 loan agreement to Ukraine by end of 2024?
Yes, with all proposed amounts • 25%
Yes, with reduced amounts • 25%
No, delayed beyond 2024 • 25%
No, not completed • 25%
Official announcements from G7 or participating countries
G7 Pledges $50 Billion Loan to Ukraine, Repaid Through Frozen Russian Assets
Oct 22, 2024, 05:52 AM
The United States, the United Kingdom, and the European Union are set to provide significant financial assistance to Ukraine as part of a joint G7 effort utilizing profits from frozen Russian assets. The US is willing to contribute up to $20 billion to a G7 loan for Ukraine, with negotiations accelerating to finalize the agreement before year's end. Similarly, the UK has pledged a £2.26 billion ($2.93 billion) loan, and the European Parliament is set to approve a €35 billion loan. These loans will be repaid using revenues from frozen Russian assets, effectively meaning Ukraine may not have to repay them directly. The funds will support Ukraine's military efforts against Russia and aid in reconstruction of damaged infrastructure. The G7 nations are collectively preparing a $50 billion loan package for Ukraine, backed by frozen Russian central bank assets.
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Profits from Russia's frozen assets • 25%
Direct repayment from Ukraine's budget • 25%
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Yes, all G7 countries collectively • 25%
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Infrastructure reconstruction • 25%
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