Ukraine may receive third $ 1 billion loan guarantee from US

It will be a fulfillment of the US promise to provide such a guarantee at the end of 2015 subject to certain conditions being fulfilled.

26 October 2015 15:00

The United States intends to provide a third loan guarantee for $ 1 billion to Ukraine, U.S. Commerce Secretary Penny Pritzker claimed during the press conference with President of Ukraine Petro Poroshenko held in Kyiv today.

“I am pleased to announce that President and the Congress are going to take steps with regard to provide Ukraine with a third $ 1 billion loan guarantee in the coming months,” she said.

Just a reminder: In January, 2015, Ukraine and the United States signed the Declaration on providing Kyiv with $ 2 billion loan guarantee.