US Treasury Department acted for the benefit of Ukraine
On December 10,2024 the U S Treasury Treasury Department announced the disbursement of 20 billion Dollar for the benefit of Ukraine. It was reported that the present disburse is part of the 50 billion Dollar G7 Extraordinary Revenue Acceleration (ERA) Loans initiative.
Secretary of the Treasury Janet L. Yellen said “These funds – paid for by the windfall proceeds earned from Russia’s own immobilized assets – will provide Ukraine a critical infusion of support as it defends its country against an unprovoked war of aggression,"
Accordingly it wa reported that this US initiative will help ensure Ukraine has the resources it needs to sustain emergency services, hospitals.