Where it comes from and where it's going.
The United States government has proposed the issuance of at least $50 billion in bonds backed by profits generated by frozen Russian assets to help support Ukraine, Bloomberg reported, citing unnamed sources. The plan, proposed to the US allies in the Group of Seven, envisions the creation of a special
The executive board of the International Monetary Fund approved the release of $880 million in budget support to Ukraine following the third review of the international lender's $15.6 billion loan program for the country. The board's approval of the disbursement, which had been recommended at
The European Commission has proposed transferring about €3 billion per year in profits generated by frozen Russian assets to Ukraine, with about 90% earmarked for military spending this year and 10% for the general budget. Under the proposal, which still needs to be approved by European Union member states at
Ukraine has received €4.5 billion of the €50 billion in European Union aid approved last month and is slated to receive another €1.5 billion next month if it meets certain milestones, Deputy Prime Minister Yulia Svyrydenko said. The initial funding, meant to help cover budget spending, was transferred
Subsidized loans to Ukrainian businesses have totaled 18 billion hryvnias ($460 million) so far this year, with almost half going to the agriculture sector, the government has announced. The government's "Affordable Loans 5-7-9%" program, which offers loans at annual interest rates of between 0
The European Union will use profits generated from frozen Russian assets to buy weapons for Ukraine, German Chancellor Olaf Scholz said, confirming that the funds will not be reserved for the reconstruction effort. Speaking in Berlin at a joint press conference with French President Emmanuel Macron and Polish Prime Minister
The European Commission aims to give Ukraine between €2 billion and €3 billion from profits generated by frozen Russian assets as early as July, the Financial Times reported, citing unnamed officials. The plan, which would need the approval of European Union member states, could be proposed before a summit of
Bond investors are "clamoring" for the European Union to issue war bonds to fund Ukraine's struggle against Russia as they seek to stop the Russian invasion and benefit from AAA-rated securities at the same time, Bloomberg reported. An EU bond issuance would allow the West
The UK is willing to lend Ukraine all frozen Russian assets held in Britain on the understanding that Russia will be forced to pay reparations when the war is done, said UK Foreign Secretary David Cameron. "There is an opportunity to use something like a syndicated loan or a
The European Commission has joined growing calls for the European Investment Bank (EIB) to scrap its restriction against funding defence projects in a push to bolster the fight against the Russian invasion of Ukraine. The EIB, which has extended €1.7 billion in financing for Ukraine repair and reconstruction projects
The UK government's development finance arm, British International Investment (BII), will start offering up to £250 million in financing to private sector companies for reconstruction projects in April, the Ukrainian government said. The financing package, authorized by the UK government last June, marks the BII's first
European Commission President Ursula von der Leyen said in a speech to the European Parliament that profit generated from some $300 million in Russian assets frozen by Western nations should be used to buy weapons for Ukraine. The comment deviates from the common position that such profits, predicted to total
Ukraine-focused private equity firm Horizon Capital has raised $350 million for its HCGF IV fund, exceeding its initial target by $100 million, after a $20 million commitment from the Japanese government development agency. The HCGF IV fund, which seeks to invest in fast-growing, mostly technological and export-oriented
The International Monetary Fund has reached a staff-level agreement to disburse $880 million to Ukraine as part of its ongoing loan to the country, the fund said in a press release. The disbursement follows the third review, held in Warsaw over the past week, of the IMF's
The International Monetary Fund is in talks with representatives of the Ukrainian government about the disbursement of a $890 million payment from its $15.6 billion loan, Reuters reported, citing unnamed sources. The IMF has declined to comment officially on the amount of money at the center of the talks,
The Japan International Cooperation Agency (JICA), the entity that handles development funds for the Japanese government, has decided to invest $20 million in HCGF IV, the latest fund of Ukraine-focused private equity firm Horizon Capital. The investment, announced in Tokyo at the Japan-Ukraine Economic Reconstruction Promotion Conference, will
