US to provide to Ukraine $ 1 billion credit guarantees on condition of Prosecutor General’s resignation and fighting corruption

The U.S. Department of State could provide loan guarantees to Ukraine in the amount of USD 1 billion, if President appoints a new Prosecutor General instead Viktor Shokin.

According to this was announced during the visit of the US Deputy Attorney General David Sakveralidze Ukraine, Artem Sytnyk director of NABU (National Anti-Corruption Bureau )and Anti-Corruption Prosecutor Nazar Holodnytskoho.

The officials are now in the Untied States with a working visit, where they hold a number of meetings with U.S. counterparts and local experts in combating corruption.

Earlier, Ukraine and the US signed an agreement on granting Ukraine credit guarantees that Cabinet will draw $ 1 billion. by issuing Eurobonds under the safeguards of the United States.

However, the guarantee will depend on progress in implementing International Monetary Fund and anti-corruption reforms.

See also: How Ukraine’s Prosecutor General Viktor Shokin sabotaged the reform process

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