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In reply to the discussion: Obama team announces $1 billion in aid to Ukraine [View all]dipsydoodle
(42,239 posts)Nothing has changed and yet to be appoved by Congress. Guarantees implies the US will underwrite the loans of others.
A senior US administration official, who briefed reporters en route to Kiev, said the Obama administration would work with Congress to approve $1 billion in loan guarantees to help lessen the impact on Ukrainians of proposed energy subsidy cuts.
The United States will also send technical experts to Ukraine to advise its central bank and finance ministry on how to deal with the countrys economic challenges and help combat corruption, the official said.
In addition, the United States will train observers for the countrys 25 May election to bring the electoral process in line with international standards, the official added.
We want to very visibly embrace Ukraine, said the official who briefed reporters en route to Kiev. Part of that is through an IMF package, part of it will be through bilateral assistance but in conjunction with our partners to try to support Ukraine, the official told reporters.
in live updates here : http://www.theguardian.com/world/2014/mar/04/ukraine-crisis-shots-fired-crimea-airbase