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 Poland approved €100 million loan to Ukraine

The Polish government approved a €100-million ($112 million) loan to Ukraine.

A statement on the government's website reads, Censor.NET reports citing Liga.

According to the report, these funds will be used to finance exports of goods and services from Poland to Ukraine, including modernization of road infrastructure and construction within the limits of the Ukrainian-Polish border crossing points.

Read more: Russia to sue Ukraine, reluctant to discuss debt restructurization

In its statement, the Polish Government notes that a decision on the loan confirms Poland's commitment to assist other countries and strengthen the position of Poland as a donor.

It should be reminded that Prime Minister of Poland Ewa Kopacz announced the allocation of €100 million loan to Ukraine in early 2015.

President of Ukraine Petro Poroshenko later said that the loan would be used to modernize Ukraine's energy sector and improve border checkpoints.

Read more: Ukraine and Poland agreed upon roadmap of dialogue between the leaders
 
 
 
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