Reported about 1 year ago
The plan to provide Ukraine with a one-time loan of up to $500 billion by utilizing the interest generated from the frozen assets, estimated at several billion dollars annually, has been agreed upon by the G7 leaders. However, concerns arise over the challenges policymakers face in ensuring the frozen assets' interest payments over the years and the potential hindrance it may pose to Ukraine's reconstruction efforts post-war. The article highlights the ongoing financial struggles faced by Ukraine amid the conflict with Russia, emphasizing the need for international support to sustain the war effort and address the country's significant fiscal deficit.
Source: YAHOO