G7 loan.

in ukraine •  4 months ago 

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Good guy Japan is providing $3.3 billion of the $50 billion G7 loan regarding the frozen Russian assets.

US and EU providing $20 billion each. And Canada and Britain are covering the rest.

All parties will be recompensated by the interest on the frozen Russian assets over time.

Also just to clarify it isn't really a loan. More like a grant. Ukraine doesn't have to repay it.

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