Zelensky: $20 billion from frozen assets of the Russian Federation are already on the World Bank's account
Kyiv • UNN
President Zelenskyy announced the receipt of $20 billion from frozen Russian assets to an account at the World Bank. They also discussed cooperation with the EBRD on energy programs.
President of Ukraine Volodymyr Zelenskyy said that $20 billion of funds from frozen Russian assets are already in the World Bank's account, UNN reports.
"Today we also heard a report from the head of government on cooperation with our partners, including financial cooperation. The Prime Minister reported that $20 billion of funds from frozen Russian assets are already in the World Bank's account," Zelenskyy said.
According to him, they also discussed cooperation with the European Bank for Reconstruction and Development.
"There are specific programs. Next year, we will be able to add additional energy thanks to these programs with the EBRD alone. There are also additional funds for energy efficiency programs. It is very important to implement everything as soon as possible," he summarized.
Recall
The United States Department of the Treasury announces $20 billion in funding for Ukraine as part of the G7's $50 billion Extraordinary Revenue Acceleration (ERA) initiative.