The US plans to provide $1.5B monthly to Ukraine and has asked allies to do the same.
Monday, October 3, 2022

The US plans to provide $1.5B monthly to Ukraine and has asked allies to do the same.

 The United States is willing to support Ukraine’s finances with $1.5B a month in aid throughout the war against Russia and is pushing its EU allies to commit to similar amounts, reported Bloomberg. The Biden administration signed off last week on $4.5B in grants to cover the rest of the year and has held conversations with EU officials and pressed them to do more. The IMF has previously said Ukraine needs about $5B every month to cover essential services and keep its economy going. Ukraine received nearly $2B in aid last month, down from $4.7B in August, Finance Minister Serhiy Marchenko said.

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