: :inin Kyiv (EET)

US signs $1.3 billion loan guarantee for Ukraine


WASHINGTON – The United States signed Monday its second $1 billion (S$1.3 billion) loan guarantee deal for Ukraine aimed at helping the crisis-wracked country surmount a Russia-backed insurgency and rebuild its tattered economy.The US loan guarantee agreement is part of a $7.5 billion package of support for Ukraine over the coming year from its bilateral and multilateral partners, the Ukrainian finance ministry said.”On behalf of my government and the people of Ukraine, I want to offer our sincere thanks to the United States for their continued and unwavering support. This loan guarantee is a cornerstone of that support and comes …read more

Source: AsiaOne

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