US Republicans’ attempt to convert Ukrainian aid into loans
| Reports indicate that Republican representatives of the United States are working on alternative aid for Ukraine, including loan payments to the country. |
reported by Mehr News Agency Citing Sputnik, the NBC News TV channel reported on Saturday, citing officials in the US House of Representatives, that US Republican representatives are currently working on an alternative aid package for Kyiv, which may be part of be offered as a loan.
The network reported, citing sources, that the plan is currently in the preliminary stage.
Mike Mack The head of the Foreign Affairs Committee of the House of Representatives, Cal, told this network: The civilian part of the plan, which includes economic aid, may be designed as a type of loan aimed at maintaining the overall functioning of the Ukrainian government and its plans for further reconstruction.
He added that Russia’s frozen assets may be used as collateral for loans to Ukrainians.
An American official close to the White House also said that such a plan is “not an ideal way.”
This American official added: asking this country to undertake dozens Millions of dollars in debt that they cannot pay is a heavy burden that will harm Ukraine in the long run and could lead to economic crises in the future.
The American Congress has yet to approve the request of the administration of Joe Biden, the President of the United States, to allocate another 60 billion dollars to Kiev because The position of the Republican majority in the House of Representatives has not been supported. The previously allocated funds expired last December.
