The fact that they support a new loan program from the for , but also its initiative to give its own loan to Kiev, from the frozen assets of the Russian central bank, was revealed by the Commissioner of Economy, Valdis Dobrovskis, in his statements, one day after his meeting with the American Minister of Economy, Scott Bessent.
The US appears positive overall in support of Ukraine
According to what Dombrovskis mentioned in statements he made on the sidelines of the annual meetings of the International Monetary Fund and the World Bank in Washington, “the US does not currently have a clear position yet on whether it will participate in the EU Compensation Loan program”, but as he emphasized: “There is now a constructive commitment from the US side regarding issues related to support of Ukraine. The US is very supportive and welcomes our reparations loan initiative.”
It is unknown what they will do with Russian funds on American soil – Positive for a loan from the IMF
Of course, as he hastened to clarify: “At the moment, there is no clear position from the US side regarding the possible actions they would take regarding the frozen Russian assets on American soil.” Dombrovskis noted that Russian frozen funds on American soil amount to only about $5 billion, compared to about 210 billion euros ($244.90 billion) frozen in Europe.
US support is also crucial for the IMF to grant a new loan to Ukraine, because the IMF does not normally lend to countries at war, and if it did, it would need adequate assurances from the country that the loan would be repaid.
“Regarding the IMF program, we discussed this issue so bilaterally, but it was also raised at the G7 summit, and the US, in general, supports an IMF program,” Dombrovskis said.
