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Ukraine receives first $1 billion as part of US batch of frozen Russian assets profits

Ukraine has received $1 billion from the United States in profits from frozen Russian assets, Prime Minister Denys Shmyhal said on Dec. 24. This is the first tranche of the planned $20 billion that the U.S. intends to provide as part of the G7 initiative. "We are grateful to U.S. partners and the World Bank […]

Ukraine

December 24, 2024

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UK to provide Ukraine with $2.9 billion military loan, to be repaid with proceeds from frozen Russian assets

London will provide Ukraine with a loan worth £2.26 billion ($2.9 billion) backed by profits from frozen Russian assets, the U.K. government announced on Oct. 22. The funds are the U.K.'s contribution to the Group of Seven (G7)'s initiative to provide Kyiv with a $50 billion loan by the end of the year, which will […]

Ukraine

October 22, 2024

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EU provides Ukraine with $3 billion, first tranche of loans from bloc backed by Russian frozen assets

Ukraine has received 3 billion euros ($3 .09 billion) from the EU, the first tranche of loans from the bloc funded by proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Jan. 10. The money has been provided through the Extraordinary Revenue Acceleration (ERA) initiative, in which G7 countries pledged to provide Ukraine […]

Ukraine

January 10, 2025

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Drone coalition to gather $1.8 billion by end of 2024, defense minister says

The international drone coalition is planning to gather 1.8 billion euros ($1.8 billion) by the end of 2024 to support Ukraine, Defense Minister Rustem Umerov announced on Nov. 25. "This decision will allow Ukraine to strengthen its technological advantage on the battlefield and destroy the enemy more effectively," Umerov said. An allied initiative, co-headed by […]

Ukraine

November 25, 2024

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Japan to transfer $3 billion from frozen Russian assets to Ukraine, Zelensky says

Japan is poised to allocate an additional $3 billion dollars from frozen Russian assets to Ukraine, President Volodymyr Zelensky reported on Dec. 25. In a phone call with Japanese Prime Minister Shigeru Ishiba, Zelensky expressed his gratitude for Japan's previous aid to Ukraine, which has totaled $12 billion and "makes it possible to save thousands […]

Ukraine

December 25, 2024

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Ukraine receives $1.1 billion from IMF

Ukraine has received a tranche of nearly $1.1 billion from the International Monetary Fund (IMF) after the successful completion of the fifth programme revision, Prime Minister Denys Shmyhal said on Oct. 23. "The funds will be used to cover important non-military budget spending," Shmyhal said. Foreign aid is crucial for Ukraine as the economic pressure […]

Ukraine

October 23, 2024

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Scholz blocks proposal for $3 billion arms package for Ukraine, Spiegel reports

German Chancellor Olaf Scholz has blocked a proposal for an additional military aid package for Ukraine worth 3 billion euros ($3.09 billion), Spiegel reported on Jan. 9, citing its undisclosed sources. Under Scholz's leadership, Germany has become Ukraine's second-largest military donor after the U.S. The chancellor has nevertheless often been criticized for his cautious approach […]

Ukraine

January 10, 2025

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Biden asking US Congress for $24 billion in Ukraine aid, arms replenishment, Politico reports

U.S. President Joe Biden is quietly asking the U.S. Congress to greenlight an additional $24 billion in assistance to Ukraine and to replenish provided weapons before he leaves office, Politico Pro reported on Nov. 26, citing an obtained document. The news comes amid the Biden administration's efforts to ship in as much aid to Ukraine […]

Ukraine

November 27, 2024

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US to send $1.25 billion in military aid to Ukraine, AP reports

The U.S. is planning to send $1.25 billion in military aid to Ukraine, the Associated Press (AP) reported on Dec. 27, citing unnamed U.S. officials. The announcement is expected to come on Dec. 30, officials said. The outgoing White House administration has ramped up materiel shipments to Ukraine in the weeks before President-elect Donald Trump […]

Ukraine

December 27, 2024

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Ukraine risks delay in receiving $4.3 billion instalment from EU's Ukraine Facility due to reform shortcomings, Foreign Ministry says

Deputy Foreign Minister Yevhen Perebyinis issued a letter to cabinet ministers on Oct. 23 warning that the European Union has notified Ukraine that the next tranche of 4 billion euros ($4.3 billion) from the EU's Ukraine Facility may be delayed until next year unless expected aspects of corruption reforms are completed by the end of […]

Ukraine

October 23, 2024

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German Defense Minister denies Scholz blocked proposal for $3 billion arms package for Ukraine, says decision awaits

German Defense Minister Boris Pistorius denied media reports that German Chancellor Olaf Scholz blocked a proposal for an additional military aid package for Ukraine worth 3 billion euros ($3.09 billion), adding that a decision on the funding awaits. "There is no blockade. We have prepared a new aid package for Ukraine in the Defense Ministry," […]

Ukraine

January 12, 2025

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Ukraine receives $4.8 billion from World Bank

Ukraine has received a $4.8 billion loan from the World Bank through the PEACE project for social expenditures, Prime Minister Denys Shymhal said on Nov. 27. "We are very grateful to the United States and the development partners who are financing assistance under the PEACE project," Shmyhal said on X. As the ongoing full-scale Russian […]

Ukraine

November 27, 2024

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