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Arseniy Yatsenyuk: Ukraine can obtain another loan worth US$1 billion from the U.S.
11.11.2015 | 14:14
INFORMATION AND COMMUNICATION DEPARTMENT OF THE SECRETARIAT OF THE CMU

The negotiations with the U.S. Secretary of the Treasury Jacob J. Lew on the conditions of granting Ukraine an additional loan worth US$ 1 billion is due to be held in Kyiv. Prime Minister of Ukraine Arseniy Yatsenyuk said at a Government session on Wednesday, November 11.

Arseniy Yatsenyuk announced that on November 13, U.S. Secretary of the Treasury Jacob J. Lew was scheduled to pay a visit to Ukraine.

The Head of Government reminded that the United States had provided Ukraine with a US$ 2 billion loan guarantee.

"The point is that if Ukraine advances with the necessary reforms for the Ukrainian economy, its social and humanitarian sector, we will have a chance to obtain another loan worth US$ 1 billion", he stressed.

Arseniy Yatsenyuk informed that talks with the U.S. Secretary of the Treasury and the Minister of Finance of Ukraine would concern the conditions under which the U.S. Government could issue an appropriate loan, and the steps that Ukraine should make to pursue reforms and ensure compliance with principal criteria of our programme with the International Monetary Fund".

The Prime Minister also added that a mission of the International Monetary Fund arrives to Ukraine: "We will negotiate with our Western partners regarding social, economic and financial reforms in the country."

 

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