Good economic news for Ukraine. The Government has announced the granting a loan to Ukraine worth 20 billion dollars (19 billion euros) as part of the G7 initiative that contemplates a total expenditure of 50 billion dollarswhich he hopes to recover through the frozen Russian assets.
The Treasury Department has highlighted that these 50 billion dollars that the G7 will provide will help to have the necessary resources to keep the emergency services, hospitals and “other foundations of their brave resistance.”
In that sense, Treasury Secretary Janet Yellen has stressed that these Funds funded by windfall from frozen Russian assets “will provide a crucial injection of support to Ukraine to defend itself.”
Yellen has also expressed that this and other actionssuch as continuing to tighten sanctions against Russia, will put Ukraine in a “more suitable situation” to defend their sovereignty and achieve peace on their own terms.
Likewise, the Secretary of the Treasury has highlighted that this type of collective actions show the president of Russia, Vladimir Putin, his failure to try to weaken and divide Ukraine’s partners. “We are sending an unmistakable message that Russia increasingly bears the costs of its illegal war”he pointed out.
As Europa Press recalls, In June this year, the G7 agreed to a loan to Ukraine worth $50 billion, financed by frozen Russian assets.much of them in countries of the European Union, which in October gave the green light to another of up to 35,000 million euros. Russia has promised to respond with similar measures.
