Espreso. Global

US sends first $3.9 billion tranche of non-refundable grant to Ukraine

5 August, 2024 Monday
14:32

On August 5, Ukraine received the first $3.9 billion in non-refundable grants from the United States through the World Bank

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Ukrainian Prime Minister Denys Shmyhal reports.

He noted that these funds will help finance priority budget expenditures such as salaries for teachers, doctors and rescuers, and social benefits.

Shmyhal emphasized that this is the first tranche of direct budget support from the United States in 2024. In total, Ukraine will receive $7.8 billion in direct budgetary assistance from the United States this year, which will allow it to confidently pass this financial period.

"We are grateful to the United States and the World Bank for the high level of attention and support that strengthens our resilience in countering the barbaric Russian aggression," the Ukrainian Prime Minister emphasized.

  • The US has announced a new military aid package worth up to $200 million. Washington also allocates $1.5 billion in long-term support to Kyiv through the Ukraine Security Assistance Initiative fund.
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