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Reuters: USA to send $4.5bn more to Ukraine for budget needs

Reuters: USA to send $4.5bn more to Ukraine for budget needs
Photo: root-nation.com

The United States will provide an additional $4.5 billion to Ukraine's government, bringing its total budgetary support since Russia's February invasion to $8.5 billion, the US Agency for International Development (USAID) said on Monday, Reuters has reported.

The funding, coordinated with the US Treasury Department through the World Bank, will go to the Ukraine government in tranches, beginning with a $3 billion disbursement in August, USAID said.

The new budgetary funds are to help the Ukrainian government maintain essential functions, including social and financial assistance for the growing poor population, children with disabilities, and millions of internally displaced persons, as the war drags on.

It follows previous transfers of $1.7 billion in July and $1.3 billion in June, USAID said. Washington has also provided billions of dollars in military and security support. The Pentagon announced a $1 billion arms aid package on Monday.

Overall, the United States has contributed more than $18 billion to Ukraine this year.

 

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