John Healey

John Healey

Labour — Rawmarsh and Conisbrough

Speaking in the House of Commons on 22 October 2024

Debate

Ukraine

Contribution

I can give the right hon. Gentleman that assurance. The money is a one-off. It is additional and separate, and it will be accounted for and set out separately in the Treasury documentation. Its significance is that it is a loan to Ukraine that Ukraine will not have to pay back, because it will be serviced by the interest on the frozen Russians assets. He asks whether the sum will be paid all in one go. It will be made available soon in the new year, and the Ukrainians will be able to draw it down as they need it for the purposes that they determine.

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