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 United States will provide $59 million for reforms and economic growth

The money are directed to support for economic growth and reform; counter corruption; energy diversification and efficiency; and constitutional reform and national unity.

Assistant Secretary of the US State Department stated this at the Senate Committee on Foreign Relations hearing on Russia and developments in Ukraine, Censor.NET reports, citing the US Department of State.

"We are now working with President Poroshenko, Prime Minister Yatsenyuk and their team to direct $59 million to efforts in four target areas: support for economic growth and reform; counter corruption; energy diversification and efficiency; and constitutional reform and national unity," Nuland said.

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"The United States is supporting Ukraine in its hour of need. The most lasting antidote to separatism and outside interference over the medium term is for Ukraine to succeed as a democratic, free market state, and to beat the back the corruption, dependence and external pressure that have thwarted Ukrainians' aspirations for decades," the Assistant Secretary emphasized.

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Nuland also gave the precise information about the US support of Ukraine. "Since the onset of the crisis, we have provided Ukraine with a $1 billion loan guarantee specifically targeted to soften the impact of economic reforms on the country's most vulnerable. We are also providing approximately $196 million in other assistance to Ukraine this year. Of this, we have already authorized nearly $75 million in support for economic reforms and anti-corruption measures; non-partisan electoral assistance including the OSCE's special monitoring mission and other election observers; non-lethal security assistance; and humanitarian aid for Ukrainians internally displaced from Crimea or the East."

 
 
 
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