BUSINESSINDIVIDUALS

US set to allocate $1 bln to Ukraine today

The United States and Ukraine are set to sign the $1 billion loan guarantee agreement on Monday, the Finance Ministry of Ukraine reports.

"At 17:00 today, May 18, the official ceremony of signing the agreement on loan guarantees between the governments of Ukraine and the USA will be held. Finance Minister of Ukraine Natalie Jaresko will sign the agreement on behalf of the Government of Ukraine, while United States Ambassador to Ukraine Geoffrey Pyatt and USAID Europe Regional Mission Director Jed Barton will sign the agreement on behalf of the US government," reads the statement.

The agreement is expected to provide for $1 billion of loan guarantees to Ukraine.

By ukrinform