A statement issued by the UK Treasury said the country is ready to provide extra $500 million in loan guarantees to Ukraine to meet the country's economic needs.
British Finance Minister Jeremy Hunt mentioned that on Wednesday said the UK’s loan guarantees had been important to underwrite a broader $15.6 billion four-year package of support for Ukraine from the International Monetary Fund, whose Spring Meetings he is attending in Washington.
It should be noted that funds will be directed to the economic needs of Ukraine, such as hospitals and schools, as well as support for people in need.
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