In particular, the United States intends to provide a $1 billion loan guarantee to the Government of Ukraine in the first half of 2015, provided Ukraine remains on-track with the reform program it has agreed with the International Monetary Fund (IMF). 

If Ukraine continues making concrete progress on its reform agenda and if conditions warrant, the U.S. Administration will be willing, working with Congress, to provide an additional $1 billion loan guarantee in late 2015.

The U.S. commend the progress by Ukrainian authorities – amid extraordinary circumstances – in implementing a robust reform program, which includes measures to: (1) tackle corruption, (2) overhaul the energy sector, (3) repair the financial system, (4) strengthen the business environment and adherence to the rule of law, and (5) put Ukraine’s finances on a sustainable path.