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.
- The funding supports systemic reforms in Ukraine and is linked to the World Bank's second Growth Foundation Development Policy Loan.
- Ukraine's Minister of Finance Serhii Marchenko stated: 'For the first time, Ukraine is receiving funds financed by proceeds from the frozen assets of Russia.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left4Leaning Right8Center0Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
L 33%
R 67%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage