US may cancel almost US$5 billion in debt for Kyiv

US President Joe Biden's administration has submitted to Congress a statement of intent to cancel half of Ukraine's economic aid debt, which is approximately US$4.65 billion.
Source: Voice of America, citing Matthew Miller, spokesperson for the US Department of State, at a briefing on Wednesday, 20 November
Details: The document grants Joe Biden the authority to forgive 50% of the loan provided to Kyiv in April 2024.. https://www.pravda.com.ua/...
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