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Ukraine Receives $49.4 B in G7 Funds From Frozen Russian Assets

Ukraine has collected $49.4 billion under a program financed by revenues from frozen Russian assets, including nearly $10.5 billion received in 2026, while Russia calls the transfers illegal.

By The Flux DailySource: tass.com1 min read

In brief

The G7 and EU have disbursed a cumulative $49.4 billion to Ukraine from proceeds of frozen Russian assets, with almost $10.5 billion credited in 2026. Russian spokesman Dmitry Peskov has condemned the flows as theft and illegal.

Kiev has received a total of $49.4 billion from the G7 and EU under the Extraordinary Revenue Acceleration program, according to a report by TASS on November 7 2026. Of that amount, nearly $10.5 billion arrived in 2026 as financial support from the Group of Seven countries, funded by the proceeds of Russia’s frozen assets.

In October 2024, the G7 agreed on a $50 billion loan for Ukraine, the terms of which were that the loan would be serviced from future revenues derived from the frozen Russian assets. The program is financed by revenues generated from those assets, which the Ukrainian Finance Ministry said had created the bulk of the disbursements reported.

Russian Presidential Spokesman Dmitry Peskov described the transfers of revenue from frozen Russian assets to Kiev as “illegal actions and theft.”

Peskov’s remarks were released in a statement that identified the flow of funds as unlawful and called the transfer a theft from Russia, according to the TASS coverage.

The uncertainties highlighted in the source notes remain unresolved. How the terms of the loan are applied, the exact timing of future revenue disbursements, and the legal status of the asset-derived funding continue to be matters of debate and require further clarification from both Ukrainian authorities and Russian officials.

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