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Published

U.S., allies finalize $50 billion Ukraine loan backed by Russian assets

  • The United States and its G7 allies are providing $50 billion in loans to Ukraine, funded by frozen Russian assets, as announced by the White House on Oct. 23.
  • The United States will extend a $20 billion loan, confirmed by Daleep Singh, the White House deputy national security adviser on international economics.
  • Interest income from frozen Russian assets will be used to repay these loans, according to White House officials.
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