US, Ukraine sign $1-bn guaranteed loan agreement

Jun 03, 2016 12:00 AM

The US and Ukraine have signed an agreement on granting Kiev a third part of a $1 billion loan, the Ukrainian Finance Ministry’s press service said Friday.

The United States and Ukraine have signed an agreement on granting Kiev a third tranche of a guaranteed loan of $1 billion, the Ukrainian Finance Ministry’s press service said Friday.

“On June 3, there was a signing of an agreement on providing a credit guarantee in the amount of $1 billion between the governments of Ukraine and the United States…Thanks to this agreement, Ukraine will receive additional possibilities to support and protect the more vulnerable [strata] of Ukrainians from the influence of economic factors,” the press service said.

On March 11, the IMF approved a four-year program of financial aid to Ukraine, which stipulates a $17.5 billion loan over the next four years. The Ukrainian government has to implement new economic policies for the IMF to disburse the funds.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« May 2019 »
May
MoTuWeThFrSaSu
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31

Register to announce Your Event

View All Events