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Loans
Extraordinary revenue acceleration loans?Since February 2022, the international community has immobilized Russian assets valued at approximately $300 billion. While most of these assets are held in European financial institutions, some are held in U.S., Canadian, and Japanese financial institutions as well.
Between October 1, 2024 and December 31, 2024, the G7 nations initiated $50 billion in what’s called extraordinary revenue acceleration loans to Ukraine. The loans are to be repaid by future proceeds from these immobilized assets, roughly $2.6 to $3.2 billion per year.
The U.S. has provided $20 billion as part of this initiative. The World Bank’s Ukraine Financial Intermediary Fund will serve as the trustee and administrator to distribute loan contributions from the U.S. and other lenders, to Ukraine.??
Other loan mechanisms?
The U.S. Government has used $1.6 billion to secure a $4.8 billion loan through World Bank’s Special Program for Ukraine and Moldova Recovery and a $530 million loan through the World Bank’s Economic Resilience Action Program. Ukraine used the Special Program for Ukraine and Moldova Recovery loan to fund many of the types of salaries also supported through direct budget support.
Read more in the FY 2025 Q1 OAR report.
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https://www.ukraineoversight.gov/Funding/#:~:text=Congress%20appropriated%20%24174.2%20billion%20through,other%2C%20primarily%20humanitarian%2C%20purposes.
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