U.S. signs third $1 billion loan guarantee agreement for UkraineStaff writer ▼ | June 4, 2016
The United States and Ukraine signed a $1 billion loan guarantee agreement on Friday, the third such agreement provided by Washington to Kiev since May 2014.
Helping From Washington to Kiev
The signing comes a day after the Ukrainian parliament passed legislation aimed at tackling entrenched corruption in the judicial system.
“The $1 billion loan guarantee will help support the Government of Ukraine as it continues to implement its economic reform agenda,” U.S. Ambassador Geoffrey Pyatt said in a statement.
Ukraine is still in negotiations with the International Monetary Fund for the third tranche of a bailout deal worth $1.7 billion. ■