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Revenues from West’s frozen assets allocated for support of Russian regions — ministry

The US Department of the Treasury said earlier that a $20 bln loan would be provided to Ukraine and paid in tranches

MOSCOW, December 11. /TASS/. Revenues from Western countries’ frozen assets are allocated for supporting Russian regions and economic development, a source in the Finance Ministry’s press service told TASS.

"The Russian Federation retaliates against the actions by Western countries. Revenues from Western countries’ frozen assets in Russia are allocated for supporting our country’s regions and economic development," the press service said.

The US Department of the Treasury said earlier that a $20 bln loan would be provided to Ukraine and paid in tranches. The plan is to return the funds using the revenues from frozen Russian assets.

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