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Fri, December 27, 2024
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Ukraine receives $485 million in humanitarian aid from USAID, World Bank

Ukraine receives $485 million in humanitarian aid from USAID, World Bank


Published on 2024-12-27 15:21:15 - MSN
  Print publication without navigation

  • The U.S. Agency for International Development (USAID), in coordination with the World Bank under the PEACE in Ukraine program, has delivered $485 million in humanitarian aid for Ukraine, Prime Minister Denys Shmyhal said on Dec.

The article details a significant humanitarian aid package for Ukraine, where the U.S. Agency for International Development (USAID) and the World Bank have jointly provided $485 million to support the country amidst its ongoing conflict with Russia. This aid is part of a broader $1.25 billion initiative aimed at bolstering Ukraine's social protection systems. The funds will be used to provide cash assistance to nearly 10.5 million vulnerable Ukrainians, including pensioners, people with disabilities, and low-income families, to help them cope with the economic impacts of the war. This financial support is crucial as it aims to alleviate the hardships faced by the Ukrainian population due to the conflict, which has led to widespread displacement and economic instability.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/ukraine-receives-485-million-in-humanitarian-aid-from-usaid-world-bank/ar-AA1wAHTv ]
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