US plans to contribute $20 bn for Ukraine loan: Yellen …C0NTINUE READING HERE >>>
US Treasury Secretary Janet Yellen says a loan package is being finalized for Ukraine.
Photo: ROBERTO SCHMIDT / AFP
Source: AFP
The United States plans to contribute $20 billion to a G7 loan package for Ukraine and could soon announce new sanctions targeting Russian weapons procurement, Treasury Secretary Janet Yellen said Tuesday.
“We’re very close to finalizing America’s portion of this $50 billion loan package,” she told a press conference, as world financial leaders gather in Washington this week for the annual meetings of the International Monetary Fund and World Bank.
But Yellen…
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