Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
Russia interested in cooperation with Finland on Arctic environmentBusiness & Economy July 27, 18:14
New US anti-Russia sanctions way to pursue its economic interests with cynicism — PutinRussian Politics & Diplomacy July 27, 18:11
Moscow surgeons separate newborn Siamese twins conjoined at head in 30 minutesSociety & Culture July 27, 17:57
KIEV, August 12. /ITAR-TASS/. Ukraine’s Verkhovna Rada (parliament) on Tuesday ratified an intergovernmental agreement with Japan on a loan to finance economic reforms in Ukraine.
Under the agreement, Japan’s international cooperation agency will extend a ten billion yen loan (more than 90 million U.S. dollars) to co-finance the World Bank’s systemic project of replenishing Ukraine’s state budget and supporting the government’s reforms. The money will be used to finance measures to ensure transparency and accountability in the government sector, to deregulate businesses and reduce business expenses, to reform the system of inefficient and unfair energy subsidies and improve social protection of the low-income population.
The loan will be extended for a term of 20 years with a grace period of six years and an interest rate of 0.95%.