The Ministry of Finance of Ukraine informed on March 29, 2023, that the state budget of Ukraine received grant funds in the amount of 1.25 billion dollars from the United States, which will mainly be used for social payments.
Source: The Ministry of Finance of Ukraine
“The grant funding will be aimed at providing partial reimbursement of State Budget expenditures, in particular for pension payments, support for certain state social assistance programs (aid for internally displaces persons), ensuring wages for employees of state bodies, employees of the State Emergency Service, and employees of higher education institutions,” reported the Ministry of Finance of Ukraine.
The United States provided these funds through the World Bank’s Trust Fund as part of the fourth additional financing for the Public Expenditure Support for Sustainable Governance in Ukraine (PEACE) project.
“Since the beginning of the full-scale invasion of the Russian Federation, Ukraine has already received 15.5 billion dollars from the United States in the form of grants,” added the Ministry of Finance of Ukraine.
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