Ukraine: Overseas Loans
Commons · Question 47677 · Tabled 24 Apr 2025 · Treasury · Official record
Answered 2 May 2025
Question
Asked by Wendy Morton
To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 April 2025 to Question 41839 on Ukraine: Overseas Loans, if she will make an assessment of the potential merits of increasing the loan to Ukraine.
Answer
Answered by Darren Jones, 2 May 2025
The Government is providing £2.26bn as part of the G7 Extraordinary Revenue Acceleration (ERA) Loans to Ukraine scheme. This will be repaid using profits from immobilised Russian sovereign assets in the EU.The G7 has assessed and agreed that the ERA can s...