Make Kitco Your Homepage

Ukraine expects $3 bln U.S. financial aid in August

Kitco News

KYIV, Aug 11 (Reuters) - Ukraine expects $3 billion of U.S. financial aid to arrive in August and a further $1.5 billion in September, Finance Minister Sergiy Marchenko said on Thursday.

Marchenko said the payments were part of the $7.5 billion financial aid package agreed by Ukraine and the United States at the start of the summer, and would be used to finance "critical spending" such as healthcare and pension costs.

Reporting by Max Hunder; Editing by Andrew Cawthorne
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.