The Aid
Where it comes from and where it's going.
NATO to propose $100 billion 5-year fund for Ukraine as US aid faces delays, sources say
NATO Secretary General Jens Stoltenberg will propose the creation of a $100 billion fund for Ukraine at a meeting of alliance foreign ministers on Wednesday, various news media reported, citing anonymous sources. The fund would be used to support Ukraine over the next five years, making up for delays in
Ukraine to receive $1.5 billion World Bank reform loan by end of week
Ukraine is about to receive a $1.5 billion loan from the World Bank to help strengthen the country's social protection system, increase transparency in the use of public resources and support the functioning of public markets. The loan, announced last year, was approved by the World Bank
Russian broker launches plan to sell frozen assets held abroad despite Western sanctions over invasion of Ukraine
Russian brokers have launched a swap scheme meant to let Russian investors sell the securities that were frozen as a result of their country's invasion of Ukraine, according to the scheme's organizer. Under the plan, a central broker appointed by Russia's finance ministry has
US proposes issuing $50 billion in 'freedom bonds' for Ukraine backed by profits on frozen Russian assets
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
IMF board approves $880 million tranche for Ukraine following third review of $15.6 billion loan program
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
European Commission proposal would use 90% of profit from frozen Russian assets for Ukraine military, 10% for state budget
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 receives first €4.5 billion from €50 billion EU aid package
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 total $460 million so far in 2024 under 5-7-9% plan
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
EU to spend profit from frozen Russian assets on weapons for Ukraine, not rebuilding, Scholz says
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
EU could give Ukraine €3 billion in profit from frozen Russian assets by July, FT says
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
Investors are 'clamoring' for EU to issue bonds to fund war in Ukraine, Bloomberg reports
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
UK is willing to 'lend' frozen Russian assets to Ukraine, foreign secretary says
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
European Commission joins call for EIB, a major backer of Ukraine's reconstruction, to start financing defence projects
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
UK development finance arm BII to offer £250 million for reconstruction in foray into Ukraine next month
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
Von der Leyen wants profit from frozen Russian assets to pay for weapons for Ukraine, not reconstruction
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