UK Delivers Second £752M War Loan Tranche to Ukraine for Military Support

The funds, part of a £2.26 billion loan financed by seized Russian assets, are designated for critical air defense systems, artillery, and equipment repairs as Ukraine faces intensified Russian aggression.

• The UK has disbursed the second installment of a £2.26 billion war loan, amounting to £752 million, to Ukraine under the G7 Extraordinary Revenue Acceleration scheme.
• This loan is financed with profits derived from frozen Russian sovereign assets, reflecting innovative funding measures to support Ukraine without burdening taxpayers.
• The funds will be used to procure air defense systems, artillery, and spare parts to repair military vehicles and equipment, bolstering Ukraine's defensive capabilities.
• UK Defence Secretary John Healey emphasized that 2025 is a critical year for Ukraine, with the UK committing £4.5 billion in military support this year, its largest annual contribution to date.
• The announcement follows intensified Russian missile strikes, including a recent attack on Sumy that killed 34 people and injured over 100, underscoring the urgency of military aid.

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The Independent Ukrinform