M

Member

Speaking in the House of Commons on 18 December 2024

Debate

Financial Assistance to Ukraine Bill

Contribution

Before I close, I turn to other points made by right hon. and hon. Members in the debate. The shadow Chief Secretary asked me a number of questions. First, of course, G7 allies will co-ordinate our approach to the scheme in the round, including repayments and mechanisms for the future. However, as he noted, different countries are using contributions in different ways. As we have reported to the House, our intention is to use the money for military aid to Ukraine. The terms of the loan and how the loan will be executed is currently being discussed between our Government and the Ukrainian Government and will be managed in the normal way as part of our portfolio of loans.

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