The Minister of Finance of Ukraine said on Facebook that Ukraine would receive $3 billion from the United States to the state budget in the form of a non-refundable grant on its Independence Day (August 24) and the day the war hit the six-month mark.
“Today we not only celebrate the 31st anniversary of Independence but also have to defend it in the conditions of a full-scale war. And I have no doubt that our struggle will end in victory over the aggressor! On this day there is positive news from the financial front. Today we will receive 3 billion US dollars from the United States to the state budget in the form of a non-refundable grant. The funds will come through the mechanism of the World Bank,” the minister wrote.
The new tranche of American funding will help Kyiv acquire more weapons, ammunition and other supplies for its Armed Forces.
The Minister thanked American partners and the World Bank team “for their strong support to Ukraine.”
“Grant aid is a significant gift for our country on the Independence Day of Ukraine,” Marchenko added.