President Joe Biden’s administration is offering Ukraine a sovereign loan guarantee of up to $1 billion to help the country’s economy as it faces the continued threat of a Russian invasion.
Secretary of State Antony Blinken announced the loan offer on Feb. 14. saying that it served to help the former Soviet nation with its economy by supporting it to “implement a bold economic reform agenda underpinned by ambitious cooperation with the International Monetary Fund (IMF).”
