The US allocates an additional $4.5B of financial aid for Ukraine.
Wednesday, November 23, 2022

The US allocates an additional $4.5B of financial aid for Ukraine.

 Secretary of the Treasury Janet L. Yellen issued the following statement on the disbursement of $4.5B in direct budget support for Ukraine: “Today, the United States continued to uphold its unwavering commitment to Ukraine with the mobilization of an additional $4.5B in grants for direct budget support. The grant is mobilized under the World Bank’s Public Expenditures for Administrative Capacity Endurance in Ukraine (PEACE) project, which aims to help the Government of Ukraine sustain essential services and core government functions at the national and regional levels. These funds will begin disbursing in the coming weeks and help the Government of Ukraine to support core government services, including wages for hospital workers, government employees, and teachers, as well as social assistance for the elderly and vulnerable.”

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