By the end of the year, Ukraine will receive at least $65B from the US, the G7, the EU, and the IMF.

The Ukrainian government expects to receive $7.9B in credit support from the US, Minister of Economy Yuliya Svyrydenko said. At a meeting of the Economic and Financial Affairs Council, the EU finance ministers discussed practical issues regarding the implementation of the G7’s decision to extend Ukraine a $50B loan secured by Russian assets. They will continue their work in July so that Ukraine can receive the money by the end of the year.

The Minister of Economy of Italy said that EU countries plan to provide up to 60% of the loan. His statement contradicts the words of the country’s prime minister, who announced that EU countries will not participate in funding the loan.

Meanwhile, the EC reported that the European Peace Fund could receive the first €1.5B in profits from frozen Russian assets before the EU bodies go on summer vacation. By the end of the year, Ukraine could receive up to €3B from this source, and this week it will receive €1.9B in pre-financing through the Ukraine Facility.

Also, Ukraine expects to receive $2.2B from the IMF as part of the EFF program by the end of June.