The loan makes up nearly half of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans program, which is intended to help Ukraine with a wide range of war-related expenses.

“The United States will provide Ukraine ... total loans will be serviced using future revenues from Russia’s frozen sovereign assets, in line with the G7's October agreement. The US has ...

takes over U.S. loans Ukraine $20B from frozen Russian assets Ukraine says it intercepts radio communications from North Korean soldiers in Russia Biden announced $2.5 billion more in security ...

The money will be transmitted to Ukraine through the World Bank, which received the loan from the U.S. on Tuesday morning. The loan makes up nearly half of the $50 billion G7 Extraordinary Revenue ...