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Foreign Policy

U.S. prepares $1 billion aid package for Ukraine

By Meghashyam Mali
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U.S. prepares $1 billion aid package for Ukraine

The Obama administration is working with Congress and the International Monetary Fund to provide Ukraine with $1 billion in loan guarantees to help stabilize the country’s economy, the White House announced on Tuesday.

The move comes as Russian President Vladimir Putin ignored calls to withdraw troops sent into Ukraine’s Crimea region and claimed that Kiev’s interim government had achieved power in an unconstitutional coup.

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Tag:

Foreign Policy Meghashyam Mali National Security PennAve Politics Russia Treasury Department Ukraine Vladimir Putin White House