US set to forgive US$ 4.5 billion in loans to Ukraine. To place this figure in context, it’s equivalent to 4.5 times the debt forgiven to 31 countries through the IMF CCRT between 2020 and 2022 (US$ 967 million). Debt relief has always been a matter of political will. www.reuters.com/world/biden-...
Biden administration moves to forgive $4.7 billion of loans to Ukraine
The Biden administration has moved to forgive about $4.7 billion in U.S. loans to Ukraine, State Department spokesperson Matthew Miller said on Wednesday, as outgoing officials seek to do what they can before leaving office to bolster Ukraine in its war against Russia.
reuters.com