The Treasury Department gave Ukraine a $20 billion loan funded by seized Russian assets Tuesday as part of a broader G7 effort to boost the country's defense.

The money will be transmitted to Ukraine through the World Bank, which received the loan from the U.S. on Tuesday morning. The loan makes up nearly half of the $50 billion G7 Extraordinary Revenue Acceleration (ERA) Loans program, which is intended to help Ukraine with a wide range of war-related expenses.

“These funds – paid for by the windfall proceeds earned from Russia’s own immobilized assets –
will provide........

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