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White House: U.S. Ready to Provide Cash to Ukraine

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First published February 24th 2014, 6:06 pm
BY JEFF BLACK

 

money

The United States is prepared to send financial aid to Ukraine above and beyond a loan program that the International Monetary Fund is offering in the wake of a bloody political crisis.

Kiev is in desperate need of money as the country seeks a new direction — and U.S. officials on Monday said Washington would be willing to provide some assistance after a new government is in place.

 Ukraine said Monday that it needs $35 billion in foreign assistance by the end of 2015 to stay afloat following the ousting of President Victor Yanukovych. An international donor’s conference was urged as a way to organize that aid.

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