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Chancellor confirms UK stands ready to provide additional $500 million in UK guaranteed loans for Ukraine, plus $670 million in new loan funding for developing nations.
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Today, Jeremy Hunt, Chancellor of the Exchequer, has confirmed the UK stands ready to provide an additional $500m in UK guaranteed loans for Ukraine, taking this year’s total to $1 billion and the total amount pledged by the UK in support of Ukraine to £6.5 billion. This comes as he attends the International Monetary Fund’s Spring Meetings in Washington D.C., alongside fellow supporters of Ukraine, and today took part in a roundtable on support for the country.
