Ukraine will receive a second installment of budget aid from the US.

Wednesday, March 29, 2023
Ukraine will receive a second installment of budget aid from the US.

Ukrainian Prime Minister Denys Shmyhal said the government will receive an additional $2.5B from the United States as a grant to help with state services such as salaries and benefits. The budgetary support is part of a $9.9B US pledge to assist the Ukrainian economy in 2023 and is separate from military assistance.

Shmyhal said the funds will come through the International Bank for Reconstruction and Development and the International Development Association. He said the aid would be used “to pay salaries to our rescuers, teachers, doctors, to help pensioners, internally displaced persons, people with disabilities and low-income families”.

In February, the US began disbursing $9.9B in direct budget support to the government of Ukraine. Last year, the US provided $13B in budget support, reported CNN.

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