U.S. to provide Ukraine with an additional $4.5 billion in financial assistance - news from Ukraine, World

U.S. to provide Ukraine with an additional $4.5 billion in financial assistance – news from Ukraine, World

The United States will provide the government of Ukraine with an additional $4.5 billion, bringing total budget support since the Russian invasion in February to $8.5 billion. Reuters with reference to the United States Agency for International Development (USAID).

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

US funds should help the Ukrainian government maintain core functions, including social and financial assistance to the population, disabled children, and millions of internally displaced people.

The World Bank estimates that by the end of 2023, 55% of Ukrainians will be living in poverty due to the war and the large number of displaced people, compared to 2.5% before the start of the war.

Read also: EU plans to provide Ukraine with 8 billion euros of aid by September – Reuters

Vadim Rebrina

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Fuente: liga.net

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