Skip to content

US disburses $20 billion Ukraine loan to World Bank fund

Photo by Elijah Mears / Unsplash

The US Department of Treasury said on Tuesday it has allocated to a World Bank fund a $20 billion loan to benefit Ukraine, as part of the $50 billion package by the G7 group of countries backed by profits from frozen Russian assets.

"These funds — paid for by the windfall proceeds earned from Russia's own immobilized assets — will provide Ukraine a critical infusion of support as it defends its country against an unprovoked war of aggression," US Treasury Secretary Janet Yellen said.

This post is for subscribers only

Subscribe

Already have an account? Sign In

Latest

URN Daily: Ukraine seeks delay in EU carbon border tax. Riley Risk urges contingency planning for clients in east as fighting intensifies.

URN Daily: Ukraine seeks delay in EU carbon border tax. Riley Risk urges contingency planning for clients in east as fighting intensifies.

Today's Contents Reporter's Notepad: * Riley Risk recommends companies in east prepare contingency plans amid heavy fighting, possible Ukrainian territory loss Just The Facts: * Ukraine to ask EU to delay introducing carbon border tax, trade envoy says * Ukraine's finance minister discusses reconstruction opportunities with Canadian

Members Public
May 22 Intelligence Summary: Riley Risks recommends clients in east Ukraine accelerate contingency planning

May 22 Intelligence Summary: Riley Risks recommends clients in east Ukraine accelerate contingency planning

Current Regional Status Overview Region Current Risk Level Change Factor Key Triggers North MODERATE Degrading Incursion into Sumy Oblast East HIGH Degrading Tactical Disadvantages / Land South HIGH Degrading RU Offensive ZP / KHER West MODERATE No Change Missile / Drone Strikes Current Infrastructure Status Energy Food/Water Medical Communications Transportation ONLINE ONLINE

Members Public