United States disbursing $9.9B in additional budgetary support to Ukraine

United States disbursing $9.9B in additional budgetary support to Ukraine

This week, as a result of the bipartisan support of Congress, the United States began disbursing $9.9 billion in additional budgetary support to the Government of Ukraine.

The relevant statement was made by the U.S. Department of State, an Ukrinform correspondent reports.

According to the U.S. Department of State, this grant financing is being disbursed via the World Bank’s Public Expenditures for Administrative Capacity Endurance (PEACE) mechanism on a reimbursement basis once expenses have been verified.

“These funds are crucial to Ukraine as it defends itself against Russia and ensures the Ukrainian government can continue to meet the critical needs of its citizens, including healthcare, education, and emergency services,” the report states.

Continued U.S. economic assistance has helped rally other international donors, including 2023 commitments from the European Commission, Japan, Canada, and the United Kingdom, to provide Ukraine with needed economic assistance, the U.S. Department of State noted.

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