Biden wants to forgive Ukraine’s debts ...News

Donald Trump previously pushed for providing only loans, not gifts, to Kiev Outgoing US President Joe Biden has decided to write off about $4.7 billion in taxpayer-funded loans to Ukraine as part of a broader effort to bolster Kiev before President-elect Donald Trump takes office next year. Since February 2022, the US Congress has approved more than $174 billion in various aid packages to support Ukraine in its conflict with Russia. The latest tranche, approved in April, included over $9.4 billion in “forgivable loans” to help fill the gap in Kiev’s budget. “We have taken the step that was outlined in the law to c

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