US Treasury transfers $20 billion in Ukraine loan funds to World Bank

FILE - A woman buys from a vendor at a market in Kyiv, Ukraine, on Jan. 30, 2023. The U.S. Treasury Department on Dec. 10, 2024, transferred $20 billion to a World Bank fund, part of a larger loan to Ukraine for economic and financial aid.

The U.S. Treasury Department on Tuesday said it transferred the $20 billion U.S. portion of a $50 billion G7 loan for Ukraine to a World Bank intermediary fund for economic and financial aid.