The United States, through the United States Agency for International Development (USAID) in coordination with the United States Department of the Treasury, is providing an additional $4.5 billion in direct budget support to the Government of Ukraine to help alleviate the acute deficit budget caused by Putin’s brutal attack. aggressive war. The Government of Ukraine will receive the funding in tranches, beginning with a $3 billion disbursement in August. This contribution was made possible by generous bipartisan support from Congress.
These funds provided by the United States, through the World Bank, allow the Government of Ukraine to maintain essential functions for its people, including social and financial assistance to the most impoverished Ukrainians since the beginning of the war, children with disabilities, and internally displaced people.
Once these additional funds are fully disbursed, the US government will have provided $8.5 billion in direct budget support to the government of Ukraine. The resources provided today build on previous budget support, enabling the Ukrainian government to carry out core functions, such as maintaining gas and electricity supplies to hospitals, schools and other critical infrastructure, supporting the provision of humanitarian supplies to citizens and continue to pay the salaries of civil servants, health workers and teachers. Strong safeguards put in place by the World Bank, coupled with expert external oversight funded by USAID and embedded within the Ukrainian government, ensure accountability and transparency in the use of these funds.
Since Russia’s full-scale invasion of Ukraine on February 24, USAID has been coordinating with humanitarian partners in the country and region to provide Ukrainians with lifesaving humanitarian assistance while increasing critical assistance to development to respond to cyber attacks and threats to the energy sector. , counter misinformation, support small businesses and the agricultural sector, document human rights violations, meet essential health needs, and ensure the continued functioning of local, regional, and national levels of government.
The United States remains committed to supporting Ukraine and its people in the aftermath of Russia’s unprovoked and unwarranted war.
For the US Mission in Poland | August 9, 2022 | Topics: Events, News
