UK sends $1B Ukraine loan from frozen Russian assets

Ukraine has received the final $1 billion tranche from the United Kingdom under the G7's ERA (Extraordinary Revenue Acceleration) loan program. This funding is specifically financed by frozen Russian sovereign assets, marking a significant step in using these resources to support Ukraine's war effort. The loan aims to bolster Ukraine's defense capabilities amid ongoing conflict with Russia. This disbursement follows earlier pledges and is part of broader international financial support for Ukraine.