The United States plans to offer up to $ 1 billion in government loans to Ukraine, the White House national security adviser told members of Congress today, according to a source familiar with the matter, who spoke to Reuters.
The Ukrainian economy, under endemic corruption and one of the poorest in Europe, is suffering from escalating tensions from a possible Russian invasion.
Speaking by telephone with several senior congressional officials, Joe Biden’s security adviser, Jake Sullivan, said Washington would offer loans of up to $ 1 billion in loans to Ukraine. in Reuters.
Sullivan reiterated last Sunday that the Russians could attack Ukraine as early as this week.
In addition to financial and humanitarian aid, the United States already provided $ 650 million in security assistance to Kiev last year.
Germany has also pledged to continue “resolutely” providing financial assistance to Ukraine.
At the same time, G7 member states are stepping up threats of economic sanctions “with enormous consequences” for Russia.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
