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Reuters
Reuters
Business

U.S. considering offering Ukraine up to $1 billion in sovereign loan guarantees

Ukraine United States Joe Biden Russia
FILE PHOTO: U.S. National security adviser Jake Sullivan speaks during a press briefing at the White House in Washington, U.S., January 13, 2022. REUTERS/Kevin Lamarque

The U.S. is considering offering Ukraine up to $1 billion in sovereign loan guarantees to help Ukraine’s economy amid pressures from the Russian military build-up, a senior Biden administration official said on Monday.

The White House official was confirming what a source familiar with the matter had earlier recounted to Reuters about a conversation by national security adviser Jake Sullivan with congressional leaders.

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