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Kiev Receives $49.4 Billion from G7, EU Financed by Frozen Russian Asset Revenues

Ukraine has obtained $49.4 billion through the Extraordinary Revenue Acceleration program, with almost $10.5 billion arriving in 2026, funded by proceeds from frozen Russian assets.

By FlashPoint NewsSource: tass.com1 min read

In brief

The Extraordinary Revenue Acceleration program brought Ukraine $49.4 billion, including a recent $10.5 billion payment in 2026, financed from revenues generated by frozen Russian assets, per TASS. A $50 billion loan from the G7 was approved in October 2024, to be serviced from those revenues. Russian spokesman Dmitry Peskov denounced the transfers as illegal and theft.

According to Russian news agency TASS, Kyiv has received a total of $49.4 billion under the Extraordinary Revenue Acceleration program, with nearly $10.5 billion arriving in 2026, funded from proceeds of frozen Russian assets.

In October 2024, the Group of Seven countries agreed on a $50 billion loan for Ukraine, which will be serviced from future revenue generated by the frozen Russian assets, as reported by TASS and calculated using data from the Ukrainian Finance Ministry.

These payments are part of an effort to support Ukraine’s financing needs, coinciding with the EU’s financing facilitated by the same source of revenues, according to the same outlet.

The transfers have drawn criticism from Moscow. Russian presidential spokesman Dmitry Peskov described the revenue transfers as illegal actions and theft.

"This is illegal action and theft," said Dmitry Peskov.
Peskov named the transfer of revenues from frozen Russian assets to Kiev as illegal and theft.

TASS’s figures are based on Ukrainian Ministry of Finance data, which track the flow of funds from the frozen assets earmarked for Ukraine’s use.

These developments underscore the continued focus of the G7 and EU on leveraging revenues from frozen Russian assets to finance Ukraine’s wartime and economic needs.

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