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The leaders of the G7 countries have agreed to provide a US$50 billion loan to support Ukraine in its battle for survival amid Russian invasion.
The loan will be supported by the interest earned on profits from Russia's frozen central bank assets.
Canada has also pledged to contribute $5 billion to the loan, which will be based on anticipated revenue from the frozen Russian assets.
Global's Mackenzie Gray reports.
For more info, please go to https://globalnews.ca/news/10564208/g7-summit-ukraine-loan-deal/
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#GlobalNews #G7 #Ukraineaid #russiaassets
The loan will be supported by the interest earned on profits from Russia's frozen central bank assets.
Canada has also pledged to contribute $5 billion to the loan, which will be based on anticipated revenue from the frozen Russian assets.
Global's Mackenzie Gray reports.
For more info, please go to https://globalnews.ca/news/10564208/g7-summit-ukraine-loan-deal/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #G7 #Ukraineaid #russiaassets
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