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muriel_volestrangler

(102,693 posts)
Tue Dec 10, 2024, 05:27 PM Dec 10

US gives $20bn to Ukraine funded by seized Russian assets [View all]

Source: BBC

The US has given $20bn (£15bn) to Ukraine, funded by the profits of seized Russian assets.
...
The US Treasury said on Tuesday that it had transferred the $20bn to a World Bank fund, where it will be available for Ukraine to draw from.

Money handled by the World Bank cannot be used for military purposes.

The administration had hoped to dedicate half of the money to military aid, the Reuters news agency reported, but this would have required approval from Congress.

Read more: https://www.bbc.co.uk/news/articles/c047zrzr2xro



That's good. Non-military aid is still needed.
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