Categories: Stock Market News

Ukraine receives extra $3.4 billion finances help from the U.S. – Yellen


Investing.com — America has supplied a further $3.4 billion in finances help to Ukraine, in accordance with a press release made by Treasury Secretary Janet Yellen on Monday. This help is meant to supply important sources to Ukraine because the nation continues to face escalating Russian assaults on its civilians and infrastructure.

The direct finances help was coordinated with the U.S. Company for Worldwide Improvement and the State Division, marking the ultimate disbursement beneath the 2024 Ukraine Safety Supplemental Appropriations Act, as acknowledged by Yellen.

A U.S. official famous that this newest funding brings the entire quantity of U.S. finances help given to Ukraine to simply over $30 billion since Russia’s invasion in February 2022. Nearly all of these funds are utilized to take care of the operation of Ukraine’s authorities, together with the fee of salaries to academics and different state staff.

Along with the finances help, U.S. President Joe Biden introduced $2.5 billion in further safety help for Ukraine on Monday. This safety help is separate from the direct finances help.

This text was generated with the help of AI and reviewed by an editor. For extra data see our T&C.

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