Poroshenko agreed with Biden about getting a $1 billion loan guarantee


US ready to give Ukraine $1 billion loan guarantee. This was at the end of the meeting with the Vice-President of the USA Joe Biden said the President of Ukraine Petro Poroshenko

“Good news from new York. Ukraine will receive $1 billion loan guarantee. This was agreed at a meeting with Vice President Joseph Biden,” wrote Poroshenko on his page in Facebook.

During the meeting with Biden on the sidelines of the 71st session of the UN General Assembly Poroshenko also expressed gratitude to the U.S. for tougher anti-Russian sanctions, the report said. “We agreed to intensify diplomatic efforts to stop Russian aggression against Ukraine”, — wrote Poroshenko.

According to Reuters, Biden during the meeting stressed that Ukraine needs to accelerate the implementation of reforms needed to strengthen the country’s power sector, as well as justice.

September 16, Ukraine has received the third tranche from the International monetary Fund (IMF) for a total of $1 billion Against the tranche voted Russia’s representative to the IMF Board, as the Russian authorities did not agree that Kiev has fulfilled all conditions to receive the next tranche. Poroshenko called adopted voproci Russia considers the decision “a signal to the aggressor.” Kiev promised to spend the allocated funds for the increase in international reserves of the national Bank of Ukraine.
  

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