Saturday, February 01, 2025

FROZEN: Ukraine received $3.8 billion ---- most of the money is a loan for Russian assets held in EU banks

In January, Ukraine received $3.8 billion: most of the money is a loan for frozen Russian assets

Arthur the Cross — January 31, 5:40 PM 
Ukraine receives US$3.8 billion in January, mostly as loan secured by  Russian assets | Ukrainska Pravda

In January 2025, Ukraine's state budget received $ 3.8 billion in funding, most of which was contingent debt to the EU.
About it reports Minfin press service. 
Analysts expect Ukraine's GDP to increase to $200 bln in 2025 - GMK Center

Analysts expect Ukraine's GDP to increase to $200 bln in 2025 - GMK Center

  • Yes, $ 3.1 billion of the total was provided by the European Union. 
  • Another $ 700 million is equivalent to the issuance of state bonds in the domestic market.
As explained in the Ministry of Finance, EU funds are the first tranche of the Union within ERA Loans. These are loans that will be repaid at the expense of income from frozen assets of the Russian Federation.

"That is, the cost of the loan will be borne by the aggressor country, not Ukraine. 

$ 3.1 billion is a contingent debt obligation for Ukraine," the statement said.

Let's remind:

In 2024, Ukraine's debt to the World Bank Group increased 65% to $ 22.6 billion.

As of November 30, 2024, the state and state-guaranteed debt of Ukraine was UAH 6,644.68 billion, or USD 159.74 billion.

The amount of state and state-guaranteed debt of Ukraine during 2024 increased at UAH 1,461.3 billion, in dollar equivalent - by USD 20.74 billion.  

Ukraine's Debt: An Instrument of Pressure and Spoliation in the Hands of  Western Creditors - ZNetwork

Ukraine's Debt: An Instrument of Pressure and Spoliation in the Hands of Western Creditors - ZNetwork

State Budget 2025: only UAH 22 billion is planned to support business

State Budget 2025: only UAH 22 billion is planned to support business

How much money does Ukraine owe, and to whom | Reuters

How much money does Ukraine owe, and to whom | Reuters

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