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Home | News | Ukraine Gets 3 9 Bn In Non Repayable Financial Assistance From Us

Ukraine gets $3.9 bn in non-repayable financial assistance from US

According to Ukrainian Minister, the funding will be directed to finance wages for teachers, rescuers and public employees

By IANS
Published Date - 6 August 2024, 09:41 AM
Ukraine gets $3.9 bn in non-repayable financial assistance from US
Ukrainian President Volodymyr Zelenskyy watches a pair of F16 jets flying during Ukraines Air Force Day celebrations at an undisclosed location, amid the Russian invasion of Ukraine.
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Kyiv: Ukraine received $3.9 billion in non-repayable financial assistance from the US, Ukraine’s Finance Ministry said. “The grant will help the government of Ukraine to reimburse priority social and humanitarian expenditures without increasing the debt burden,” said Ukrainian Finance Minister Sergii Marchenko on Monday.

The funding will be directed to finance wages for teachers, rescuers and public employees, and pay assistance to internally displaced persons, low-income families and people with disabilities, Xinhua news agency reported.

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Since February 2022, Ukraine has received $27 billion in grants from the US to support its budget. This year, Kyiv is expected to get a total of $7.8 billion in budget support from Washington.

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