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UK ready to be guarantor for $525 million loan to Ukraine

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The U.K. government said on June 26 that it’s ready to provide $525 million in guarantees for the World Bank lending to Ukraine. “The U.K. will continue to back Ukraine every step of the way because we know that their security is our security, and their freedom is our freedom,” U.K. Prime Minister Boris Johnson said. The lending will cover costs such as the salaries in the public sector and the running of schools and hospitals, the statement said.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Since the beginning of Russia’s full-scale invasion of Ukraine in 2022, war has become a daily reality for thousands of Ukrainian children. Some Ukrainian military units, such as the Azov Brigade, offer boot camps for teenagers to teach them the basics of self-defense, first aid, dry firing, and other survival skills — helping them prepare for both the realities of today and the uncertainties of the future.

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