Ukraine will receive $22 billion from russia's frozen assets next year

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Date

28 Nov 2024


Out of the $50 billion to be raised from the immobilised Russian assets, the first instalment of $22 billion will come to Ukraine in 2025.

 

According to Sergiy Marchenko, the rest of the funds will be received in 2026-2027. At the same time, if additional military needs arise, the share of funding for 2025 may be significantly increased.

 

The mechanism for providing funds will be taken into account when concluding specific loan agreements, taking into account the specifics of each partner.

 

‘Some partners provide part of their funds specifically for military needs. Some partners are categorically unable to finance these expenses...’ - Marchenko explained.

 

Source: Ukrinform