Ukraine has demanded that no conditions be attached to a $50 billion loan by G7 members to the country which is reportedly backed by seized Russian assets.
Speaking at the ‘Ukraine 2024. Independence’ forum on Tuesday, Ukrainian Prime Minister Denis Shmigal stated that while G7 leaders agreed to lend $50 billion in June, Kiev insists on a certain “political framework” related to the funds.
“Ukraine should receive them by the end of this year at the latest. These funds should be provided to Ukraine without any conditions,” he insisted.
This loan also “should be interest-free and not affect an increase in the state debt,” Shmigal went on, adding that Kiev must be able to use the funds for any of its needs, primarily to compensate for the damage the country has suffered during the conflict. The prime minister noted that Kiev and the G7 had reached an agreement on this point, but said he wants Ukraine to be able to use the funds to finance the budget and the military.