Ukraine receives $50 billion, Zelensky signed the law on a unique credit

President of Ukraine Volodymyr Zelensky has signed the Bill No. 12232, which determines the terms of obtaining a loan of $ 50 billion from the Great Seven countries (G7) and the European Union. The peculiarity of this loan is its attachment to future reparations from Russia.

1. Conditional debt:
   • The law introduces the concept of "conventional debt", which mean that creditors will have limited rights at the request of refunds.
   • Ukraine is not obliged to repay the loan until Russia pays reparations.
2. Non -standard approach to debt accounting:
   • The loan amount will not be taken into account as part of the public debt of Ukraine. This will maintain the country's financial stability and avoid additional debt load.
3. Source of loan repayment:
   • Funds will be serviced and repaid at the expense of assets frozen in international jurisdictions, in particular assets of the Central Bank of Russia.

• In October 2024, the G7 countries and the European Union collectively agreed to provide Ukraine with up to $ 50 billion to cover budget, military and renewable needs .
• This step is a response to the challenges facing Ukraine in connection with the war, including infrastructure restoration, humanitarian aid and military expenses.

1. Financial support without additional debt burden:
   • The law guarantees that the loan will not affect the state finances of Ukraine until the payment of reparations.
2. Stimulus for international pressure on Russia:
   • The redemption to reparations forces partners to intensify efforts to use frozen Russian assets to support Ukraine.
3. A powerful signal of international support:
   • The G7 and the EU decision demonstrated their determination to support Ukraine in war, using all possible tools for economic and political influence.

• Legal aspects of using frozen assets of:
  • The sale of payments depends on international legal mechanisms that will allow these funds to repay the debt of Ukraine.
• Political risks:
  • Russia will probably try to challenge the legality of this process through international courts.