Arab Today, arab today us to provide 1bn loan guarantee to ukraine in 2015
Last Updated : GMT 18:30:22
Arab Today, arab today
Arab Today, arab today

US to provide $1bn loan guarantee to Ukraine in 2015

Arab Today, arab today

Arab Today, arab today US to provide $1bn loan guarantee to Ukraine in 2015

Ukrainians look on a burned
Washington - KUNA

The US Tuesday announced intention to provide USD one billion loan guarantee to the Ukrainian government this year, provided Ukraine remained on track with reform program it has agreed with the International Monetary Fund (IMF).
If Ukraine continues making concrete progress on its reform agenda and if conditions warrant, the US Administration will be willing, working with Congress, to provide an additional USD one billion loan guarantee in late 2015 - for total potential support of USD two billion in 2015, the Department of Treasury said in a statement.
The proceeds of these loan guarantees will help enable the government of Ukraine to protect the most vulnerable Ukrainian households from the impact of needed economic adjustment.
This new US support builds upon the nearly USD 340 million in assistance the US has provided to Ukraine in 2014, in addition to the USD one billion sovereign loan guarantee provided in May 2014.
The treasury commended progress by Ukrainian authorities - amid extraordinary circumstances - in implementing a robust reform program, in cooperation with the IMF and World Bank, which includes measures to: tackle corruption, overhaul energy sector, repair financial system, strengthen business environment and adherence to rule of law, and put Ukraine's finances on a sustainable path.
An IMF mission is currently in Kiev working with the Ukrainian authorities to assess their reform efforts and develop a new economic support package.
"We are encouraged by the strong reform progress made by the Ukrainian authorities to date, and applaud their strong cooperation with the IMF and their continued commitment to difficult but necessary reforms," said Treasury Secretary Jacob Lew
"The US support that I am announcing today will be part of a broader international package of support to help ensure the success of Ukraine's reform program and ultimately restore financial stability, unleash economic potential, and allow Ukraine's people to better achieve their economic aspirations," he said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us to provide 1bn loan guarantee to ukraine in 2015 Arab Today, arab today us to provide 1bn loan guarantee to ukraine in 2015

 



Arab Today, arab today
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday