UK says it is ready to guarantee loan of up to $500 million to support Ukraine – Times of India

London: Britain Ready to guarantee up to $500 million (£367.62 million) in loans to support Ukraine and help mitigate the economic effects of the Russian invasion, the Foreign Office said on Wednesday.
Britain is guaranteeing multilateral development bank Providing credit for projects that will support economic stability and reforms such as anti-corruption reforms, it said.
The foreign secretary said, “We are putting our money where our mouth is and using the UK’s economic expertise and strength to support the people of Ukraine. These guarantees can help inject significant capital into Ukraine.” and help its economy weather the storm of Russian aggression.” liz truss said in a statement.

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