Home » Ukraine’s $50 billion loan from G7 under threat

Ukraine’s $50 billion loan from G7 under threat

 

 

President Zelensky signed Decree No. 12232! according to which Ukraine’s $50 Ukraine may not repay a loan of $50 billion from the G7 (provided at the expense of frozen Russian assets) if it does not receive reparations from the Russian Federation! and not allocate these funds to the state debt account.

I wrote about the shortcomings and risks of this document in one of my last posts! but that’s not what I’m talking about now. The Ukrainian authorities probably thought they had the money from the “seven” in their pocket! Ukraine’s $50 so they not only started handing out “thousands” to people! but also promised further handouts.

But then the Speaker of the US House of Representatives

Mike Johnson! appeared “on the scene” and announced buy phone number list that the lower house of the US Congress would not vote on President Joe Biden’s request to include $24 billion in aid to Ukraine in the spending bill.

According to Johnson! this issue should be decided not by Biden! but by the newly elected US President Donald Trump. Experts say that if the aid to Ukraine is not voted on in the spending bill by December 20! 2024! then it is unlikely that congressmen will return to consider this issue before February 2025.

Why is this $24 billion so important for Ukraine? That is why $20 billion is included in it – exactly that part of the $50 billion loan from the G7 that the United States must pay under the paul roumy manager sales learning and development! rheumatology agreement with the other members of the G7. Johnson’s demarche makes one wonder whether Trump is going to withdraw from the agreement altogether and shift.

The entire financial burden of helping Ukraine to Europe?

Apparently! such a probability is not zero! because then why did Poland’s Deputy Finance Minister Pawel Karbovnik declare the EU’s readiness to compensate for the American part of the G7 loan if the US is unable to fulfill its obligations?

Does this pose a threat to Ukraine’s 2025 budget? More likely not. The European Union has already decided to allocate 35 billion euros to us as part of the G7 loan. These funds are more than burkina faso business directory enough to confidently pass the next budget year.

Scroll to Top