Home FinancesG7 countries to agree on plan to allocate $50 billion to Ukraine by October — US Treasury Secretary

G7 countries to agree on plan to allocate $50 billion to Ukraine by October — US Treasury Secretary

by Nazar Bogudan

The G7 countries will agree on a plan to allocate $50 billion to Ukraine by October using Russian assets, US Treasury Secretary Janet Yellen said, Reuters reports.

G7 countries to agree on a plan to allocate $50 billion to Ukraine by October - US Treasury Secretary

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“Constructive negotiations took place. We are working closely to move this initiative forward. I think it looks good that we will be able to do this, probably before October,” the minister said.

Ellen added that Washington is seeking guarantees from Europe that Russian assets will remain frozen for a long time.

    Sanctions

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