United States offers Ukraine a loan guarantee of up to $1 bln

Published: Updated:
Read Mode
100% Font Size
1 min read

The United States is offering Ukraine a sovereign loan guarantee of up to $1 billion to help its economy amid pressure from Russia’s military buildup, Secretary of State Antony Blinken said on Monday.

For the latest headlines, follow our Google News channel online or via the app.

“This offer ...will bolster Ukraine’s ability to ensure economic stability, growth, and prosperity for its people in the face of Russia’s destabilizing behavior,” Blinken said in a statement.

A strong partnership between Ukraine, the IMF, other international financial bodies, the G7 grouping of wealthy nations and other bilateral donors would also help in the effort, he added.

Read more:

Saudi Arabia asks citizens in Ukraine to contact embassy, arrange immediate departure

UAE embassy in Kyiv requests citizens postpone travel to Ukraine

Putin’s Ukraine strategy: A combination of threats and diplomacy

Top Content Trending