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Department of Treasury

Department of Treasury latest

US prepares $20B loan to Ukraine amid sanctions controversy
October 22nd, 2024 - 07:50 GMT

US prepares $20B loan to Ukraine amid sanctions controversy

ALBAWABA - During a press conference, Treasury Secretary Janet Yellen announced that the United States of America will be contributing $20 billion to a loan package that is being offered by the G7 to provide aid to Ukraine. Profits from frozen Russian assets will be used to fund the loan, which is a component of a bigger $50 billion deal, Yellen stressed, claiming that American taxpayers won't be responsible for ...
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