KIEV (Sputnik) – A payment worth $1 billion has been transferred to Ukraine’s bank account, Finance Minister Oleksandr Danyliuk announced on social media on Thursday.
"One billion dollars has been transferred to Ukraine’s bank account after issuing Eurobonds under US guarantees!" Danyliuk wrote on his Facebook page.
The United States pledged to give Ukraine $1 billion of credit guarantees last June. The International Monetary Fund (IMF) unlocked a third tranche worth $1 billion in aid earlier this month as a part of its $17.5-billion commitment over the next few years. The first payment of $5 billion was made in March 2015 followed by $1.7 billion in August.
