Written questions

Ukraine: Overseas Loans

Commons · Question 41839 · Tabled 27 Mar 2025 · Treasury · Official record

Answered 3 Apr 2025

Question

Asked by Wendy Morton

To ask the Chancellor of the Exchequer, with reference to the press release entitled Joint statement of the G7 Foreign Ministers’ Meeting in Charlevoix, published on 14 March 2025, whether the Government has plans to increase its loan to Ukraine from the

Answer

Answered by Darren Jones, 3 Apr 2025

The Government has provided £2.26bn as part of the G7 Extraordinary Revenue Acceleration Loans for Ukraine (ERA) scheme. This will be repaid using profits from immobilised Russian sovereign assets in the EU. The G7 has agreed that the ERA can support $50b...