Ukraine to get $50 billion secured by frozen Russian assets soon – Blinken

This was announced by U.S. Secretary of State Antony Blinken during a briefing.

He said that there is a coordinated plan between the U.S. and the EU to quickly transfer funds to Ukraine.

“We’ve now managed on the basis of the frozen sovereign assets, the Russian assets that are frozen, to get $50 billion to Ukraine that will be going out the door in the next – in the coming weeks, both from the United States and Europe.  And that will carry Ukraine for some time into next year,” Blinken said.

He also emphasized that the allies continue to work to make sure that Ukraine has the money and resources it needs to support its economy and defense.

“Munitions and everything that goes with that – whether it’s air defenses, whether it’s missiles, whether it’s armored vehicles.  We’re working in a very determined way, again, to make sure for many months ahead that Ukraine will have what it needs.  The United States is pushing out the door everything that we can,” the U.S. Secretary of State added.