More
    HomePoliticsUkraine will receive $22B from frozen Russian assets next year.

    Ukraine will receive $22B from frozen Russian assets next year.

    Published on

    FinancePolitics Ukraine will receive $22B from frozen Russian assets next year. Monday, December 2, 2024 Ukraine will receive $22B from frozen Russian assets next year.

    Of the $50B planned to be provided to Ukraine from frozen Russian assets, the first tranche of $22B will be transferred in 2025, and the remaining funds will be received in 2026-2027, said Finance Minister Serhiy Marchenko. However, if additional military needs arise, funding in 2025 may be significantly increased.

    Meanwhile, the Norwegian Parliament approved the extension of the Ukraine Support Program for another three years and plans to allocate at least NRK 35B (€3.1B) in aid next year. Of this, NRK 22.5B (€1.9B) will be allocated for military support and NRK 12.5B (€1.1B) for humanitarian aid. The program will be extended until 2030, and the total funding amount will be increased to at least NRK 154.5B.

    Also, the UN Refugee Agency is increasing funding for a project that will provide support frontline areas to $40.6M, allocating an additional $3.6M to finance a cash assistance program for specific segments of the population to prepare for winter.

    Latest articles

    Common Workers on the entrance state of affairs: 113 fight engagements, the enemy launched over 5.2 thousand drones

    Common Workers on the entrance state of affairs: 113 fight engagements, the enemy launched...

    One killed, six injured in Russian assaults on Kharkiv Oblast

    Russian forces attacked settlements in Kharkiv Oblast on 11 February, killing one...

    Tottenham subsequent supervisor: High Premier League goal ‘says no’ as ‘sights set increased’ than Spurs

    Tottenham have been dealt an enormous blow as they give the impression of being...

    "Actual Madrid" and UEFA have reached an settlement — the Tremendous League has, the truth is, been shut down

    "Actual Madrid" and UEFA have reached an settlement — the Tremendous League has, the...

    More like this

    Common Workers on the entrance state of affairs: 113 fight engagements, the enemy launched over 5.2 thousand drones

    Common Workers on the entrance state of affairs: 113 fight engagements, the enemy launched...

    One killed, six injured in Russian assaults on Kharkiv Oblast

    Russian forces attacked settlements in Kharkiv Oblast on 11 February, killing one...

    Tottenham subsequent supervisor: High Premier League goal ‘says no’ as ‘sights set increased’ than Spurs

    Tottenham have been dealt an enormous blow as they give the impression of being...