US pays $20 billion into Ukraine loan fund ...News

The cash transfer comes as Washington attempts to fast-track aid to Kiev before Donald Trump takes office The US Treasury Department announced on Tuesday that it had disbursed a $20 billion loan for Ukraine, backed by interest from frozen Russian assets. The money, which covers around half of Kiev’s current deficit, is part of a broader $50 billion G7 loan deal. The money was paid into a World Bank fund that will transfer it to Kiev, the Treasury said in a statement. The EU will contribute an additional $20 billion to this fund, while G7 members Britain, Japan and Canada will add another $10 billion, for a total o

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US pays $20 billion into Ukraine loan fund ...News

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