11:35 GMT29 November 2020
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    The United States agreed to provide $1 billion worth of loan guarantees to Ukraine.

    The US government signed a second agreement with Ukraine, allowing it to have $1 billion worth of loan guarantees, US Ambassador to Kiev Geoffrey Pyatt said, according to Gazeta.ru.

    Critics argue that international financial support to Ukraine will be wasted due to high corruption in the country, the International Business Times said.

    Last month, German politician Bernd Lucke said Ukraine wouldn't be able to pay back the loan approved by the European parliament and there was a high probability that the money would disappear forever.

    Related:

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    Canadian Export Agency Loans Kiev $160 Million - Ukrainian Finance Ministry
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    loan agreement, Geoffrey Pyatt, US, Ukraine
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