20 October 2025, 02:58 USA: U.S. Backs IMF and EU Loan Initiatives to Support Ukraine.
The U.S. supports a new IMF lending program for Ukraine and the EU’s initiative to offer Kyiv a loan backed by frozen Russian central bank assets, EU Economic Commissioner Valdis Dombrovskis said Friday. After meeting U.S. Treasury Secretary Scott Bessent in Washington, Dombrovskis noted “constructive engagement from the U.S. side” and that Washington is “broadly supportive and welcoming our initiative as regards reparation loan.” However, he added that the U.S. has “no clear positioning” yet on how it might handle Russian assets frozen on its territory, estimated at about USD 5 billion, compared to roughly EUR 210 billion immobilized in Europe. U.S. backing is also critical for the IMF’s next loan to Ukraine, as the Fund typically avoids lending to nations at war unless repayment assurances are secured.
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