Ukraine may borrow up to $1 bln to purchase gas – Jaresko

Ukraine may borrow up to $1 bln to purchase gas – Jaresko

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Ukrinform
Ukraine may raise up to USD 1 billion from the international financial institutions to purchase natural gas from the European suppliers.

Finance Minister of Ukraine Natalie Jaresko said this during an hour of questions to the Government in the Parliament of Ukraine, an Ukrinform correspondent reports.

"I welcome the Parliament’s decision to pass this week the bill No.3388, elaborated by the Finance Ministry. Now we will be able to sign $500 million loan guarantee agreement with the World Bank. We have already signed $300 million loan agreement with EBRD and $200 million loan agreement with the International Financial Corporation. Now we have the opportunity to raise up to USD 1 billion from the international financial institutions to purchase natural gas from the European suppliers," Jaresko said.

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