US to provide $89 million financial package to Ukraine’s energy, real estate sectors

The U.S. International Development Finance Corporation will provide $89 million in loans for Ukraine’s energy and real estate sectors, according to a statement by the U.S. federal finance institution on Sept. 9.

The institution’s board of directors approved investments to advance energy independence and spur economic activity in Ukraine, according to the statement. The funds are part of a $3.6 billion finance package, which will be used for development projects in Africa, Latin America, and other lower- and middle-income economies such as Ukraine.