US Grants $1.35 Billion to Ukraine
US Grants $1.35 Billion to Ukraine

US Grants $1.35 Billion to Ukraine

News summary

Ukraine has received a $1.35 billion grant from the United States, aimed at supporting humanitarian and social programs, according to Prime Minister Denys Shmyhal. This funding is part of a broader financial assistance strategy, with direct budget support from the U.S. totaling $28.2 billion since February 2022, making it the largest international aid to Ukraine. The U.S. Agency for International Development (USAID) facilitated this grant in coordination with the Treasury and State Departments. The Ukrainian Finance Minister Serhii Marchenko emphasized the importance of this support in maintaining financial stability and ensuring essential services for citizens. For 2024, the U.S. has planned $7.8 billion in budget support, of which $5.2 billion has already been allocated. This funding marks a significant commitment to Ukraine’s resilience and global security amidst ongoing challenges.

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