Treasury Department Announces Disbursement of $20 Billion Loan to Benefit Ukraine, To Be Repaid with Proceeds Earned from Immobilized Russian Sovereign Assets

WASHINGTON — Today, the United States Department of the Treasury is announcing the disbursement of $20 billion for the benefit of Ukraine, as part of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans initiative. “These funds – paid for by the windfall proceeds earned from Russia’s ow...