Kiev secured a $15.5 billion IMF loan in early 2023, of which $10.6 billion has already been exhausted, but that program, set to expire in 2027, assumed the conflict would end this year. However, according to media reports, the IMF believes Ukraine should seek to borrow almost double that sum in order to offset risks to its financial sustainability. Sources told Bloomberg that Ukraine has now agreed to lift its estimate to around $65 billion after discussions with IMF officials on a new loan, currently pegged at $8 billion. Western countries froze about $300 billion in Russian sovereign assets in 2022, with some €200 billion ($209 billion) held at the EU-based clearinghouse Euroclear. It has also warned that Western military and financial aid only prolongs the conflict.