Canada To Provide $1.76-Billion Loan To Ukraine In 2023
Date
3/29/2023 3:05:53 PM
(MENAFN- AzerNews) The government of Canada is set to allocate a loan worth 2.4
billion Canadian dollars ($1.76 billion at the current exchange
rate) to the Kiev government, according to the country's draft
federal budget.
The document, published on Wednesday, promises the Kiev
government an additional loan of 2.4 billion Canadian dollars for
2023, which will be provided through the International Monetary
Fund (IMF).
Besides, 200 million Canadian dollars ($146.7 million) will be
allocated for providing military equipment to Ukraine, including
eight Leopard 2 tanks. Another 84.8 million Canadian dollars ($62.2
million US dollars) will be allocated for humanitarian aid to the
country in 2023-2024.
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