- Sputnik International
World
Get the latest news from around the world, live coverage, off-beat stories, features and analysis.

US $1-Bln Guaranteed Loan Agreement With Ukraine Timely

© REUTERS / Gleb GaranichUkrainian President Petro Poroshenko gestures during a news conference in Kiev, Ukraine, January 14, 2016
Ukrainian President Petro Poroshenko gestures during a news conference in Kiev, Ukraine, January 14, 2016 - Sputnik International
Subscribe
US $1-billion loan to Ukraine is a timely measure to boost economy, Ukrainian President Petro Poroshenko said Friday.

The Ministry of Finance of Ukraine - Sputnik International
World
US, Ukraine Sign $1-Bln Guaranteed Loan Agreement
KIEV (Sputnik) — US $1-billion loan to Ukraine is a timely boost to economic recovery, Ukrainian President Petro Poroshenko said Friday.

Earlier in the day, the United States and Ukraine have signed an agreement on granting Kiev a third tranche of a guaranteed loan of $1 billion, according to the Ukrainian Finance Ministry’s press service.

"I am deeply grateful to the United States for timely and important assistance to our nation. I am convinced that with the help of global coalition supporting Ukraine we will be able to rebuild our nation," Poroshenko said.

Ukrainian servicemen walks in the yard of a destroyed building in the Pisky village near Donetsk on October 26, 2015 - Sputnik International
US Helps Ukraine Launch Radio Station to Boost Morale of Kiev Troops
The Ukrainian president praised the agreement as cementing US-Ukrainian ties and voiced hope that deals with the International Monetary Fund (IMF) and other global financial institutions would follow soon.

The United States previously provided Ukraine with two tranches worth $2 billion and hundreds of millions of dollars in other assistance.

Moreover, in March, the IMF approved a $17.5-billion bailout package to be lent to Ukraine over the next four years in exchange for economic reforms.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала