Turkey to provide $50 mln loan to Ukraine

14:55, 15.02.2016 1 min read

Turkey will provide a $50 million five-year loan to Ukraine.

The intergovernmental agreement on the provision of the loan was signed by Finance Minister of Ukraine Natalie Jaresko and Economy Minister of Turkey Mustafa Elitas on Monday during a visit of the Turkish delegation headed by Turkish Prime Minister Ahmet Davutoglu.

As reported, on February 11, 2016, the Ukrainian government approved the signing of a $50 million five-year loan agreement with Turkey in 2016 with a maturity of no more than 5 years at a rate of 2.5% the highest.

Jaresko said that this is one of the steps of support of the Ukrainian government by the G20 countries.