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Mon, December 30, 2024

US provides US$3.4 billion in budgetary aid to Ukraine


Published on 2024-12-30 20:00:39 - MSN
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  • US Treasury Secretary Janet Yellen has announced the disbursement of US$3.4 billion in direct budget support to Ukraine. Source: European Pravda with reference to the US Treasury Department Details: Yellen said on Monday that Ukraine needs critical resources amid intensified Russian attacks on civilians and critical infrastructure.

The U.S. has provided $3.4 billion in budgetary aid to Ukraine to support its ongoing conflict with Russia, as announced by the U.S. Department of the Treasury. This aid is part of a larger $10 billion package approved by Congress in 2023, aimed at helping Ukraine manage its state budget amidst the war. The funds are intended to support essential government services like healthcare, education, and emergency services, as well as to assist in the reconstruction of infrastructure damaged by Russian attacks. This financial support underscores the U.S. commitment to Ukraine's sovereignty and its defense against Russian aggression, with the aid being disbursed through the World Bank.

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