USA will allocate almost $5 billion in budget support to Ukraine

The US Department of State noted on April 14, 2023, that the United States provided $18 billion in budget support to Ukraine through World Bank mechanisms and almost $5 billion will become available in September 2023.

Source: The US Department of State

“The United States has provided $18 billion in budget support to the Government of Ukraine through World Bank mechanisms. An additional $4.9 billion will become available in September. This funding, along with support from the EU, the IMF and others, allows the government to provide critical services for its citizens while fighting Russia’s brutal aggression,” reported the US Department of State.

The Prime Minister of Ukraine Denys Shmyhal was on a working visit to the USA on April 12-14, 2023. He took part in the annual Spring Meetings forum of the IMF and the World Bank. In addition, the head of government held meetings with US Defense Minister Lloyd Austin, US Commerce Minister Gina Raimondo, Finance Minister Janet Yellen, other US government officials and business representatives, as well as the management of the IMF, the World Bank, and the European Investment Bank.

The Finance Ministers of the G7 countries, based on the results of negotiations within the framework of the Spring Meetings, assured that additional support in the amount of more than 5 billion dollars will be allocated to Ukraine. In particular, we are talking about additional support packages from France, Germany and Great Britain.


See also: USA announced new sanctions against Russia


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