About past, present and future of Ukraine

Search mobile

Main Business Canada provides Ukraine CAD 500 million loan

Business

Canada provides Ukraine CAD 500 million loan

372
Canada provides Ukraine CAD 500 million loan

Share this article


The Minister of Finance of Ukraine Sergii Marchenko signed a loan agreement with the Government of Canada to provide Ukraine with CAD 500 million concessional loan. The tenure of the loan is 10 years.

I am grateful to the Government of Canada and personally to the Deputy Prime Minister and Minister of Finance of Canada Christia Freeland for their decision. Canada is once again demonstrating that it is one of the world's leaders and a reliable friend of Ukraine

Sergii Marchenko

The Minister of Finance of Ukraine noted that such a decision is not only a timely contribution to maintaining Ukraine's financial stability but also assistance that brings Ukraine closer to victory over the aggressor.

The funds will be used to finance the state's priority expenditures.


The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...