Photo: facebook.com/president.gov.ua
Ukraine intends to form a financial assistance package of $3-5 billion
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Ukraine negotiates with large organizations on financial assistance packages or in the form of state guarantees or direct intergovernmental loans.
Ukraine intends to form a $3-5 billion financial aid package from strategic partners to ensure liquidity. This was stated by Deputy Head of the President’s Office Rostislav Shurma on the Rada TV channel on Wednesday, January 26.
“We are negotiating financial assistance packages with large organizations either in the form of government guarantees or direct intergovernmental loans,” Shurma said.
He added that Ukraine had held talks with the French government on a similar package. At the same time, the details of the negotiations will be announced after the finalization of the decision.
In addition, Canada offered Ukraine a loan of up to 120 million Canadian dollars (about 95.8 million US dollars – ed.) to support the economic stability and development of the country, and the European Commission announced the allocation of financial assistance to Ukraine in the amount of €1.2 billion.
“Our goal is to form such packages with all our strategic partners totaling at least $3 billion, and preferably $5 billion, which will become an additional cushion and will be able to guarantee the stability of our financial system, regardless of how the situation develops,” he said. Shurma.
According to him, we are talking about loans on preferential terms at 2-3% per annum, and in some cases – lower.
“The main issue is to ensure liquidity, immediate availability of funds, so that in the event of fluctuations they can be repaid and balanced with these funds,” Shurma summed up.
Earlier, Prime Minister Denys Shmyhal spoke about the impact of the threat of Russian invasion on the Ukrainian economy. Under the threat of Russian invasion, Ukraine has enough resources to support the economy, the prime minister assured.
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