Kiev reveals terms of $20 billion US loan ...News

Russia Today - Economy
Kiev reveals terms of $20 billion US loan
source : Russia Today ( News ) () 79
The money is part of a $50 billion G7 credit facility secured by frozen Russian sovereign assets The Ukrainian government has approved the terms of a conditional agreement with the US Federal Financing Bank (FFB) for a 40-year loan of $20 billion which will be backed by profits from frozen Russian state assets. It’s part of a broader $50 billion G7 loan deal, which includes a separate $20 billion EU commitment, and $10 billion to be split by G7 members Britain, Japan and Canada. The money will be transferred to the Facilitation of Resources to Invest in Strengthening Ukraine Financial Intermediary Fund, establishe

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