UK to lend Ukraine an additional £2.26bn for weapons to fight Russia
by Dan Sabbagh Defence and security editor from on (#6RMW6)
Loans will be repaid using interest generated by $300bn of frozen Russian assets held in the west
Britain is to lend Ukraine an additional 2.26bn and allow Kyiv to spend the money on weapons to fight off the Russian invasion as part of a wider $50bn (38.5bn) loan programme expected to be confirmed by G7 members later this week.
The loans will be repaid using interest generated by the $300bn of frozen Russian assets held in the west, with the extra funds promised as the US heads towards a presidential election where support for Ukraine is a divisive issue.
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