Ukraine received $ 2 billion from the United States: what they plan to spend the grant on

20 December 2022, 19:32 | Economy
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The budget of Ukraine received grant funds in the amount of $2 billion. This is the second tranche of a $4.5 billion grant.. It is reported by the Ministry of Finance of Ukraine.

“Funds provided by the United States of America through the World Bank Trust Fund, under the project “Public Expenditure Support for Sustainable Public Administration in Ukraine,” the agency said in a statement..

The Ministry of Finance notes that the funds will be used to provide pension payments and salaries to civil protection workers, as well as to pay for medical services under the medical guarantee program.

“From the early days of Russia’s criminal invasion of Ukraine, the United States has supported us in every possible way, including providing financial assistance for the state budget in the form of grants..

Such assistance is extremely important, because it not only allows you to maintain the ability to make priority social payments on time and in full, but also does not increase the further debt burden on the state budget,” said Serhiy Marchenko, Minister of Finance of Ukraine..

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Recall that at the end of November, the United States of America decided to send an additional $4.5 billion in grants for direct budgetary support to Ukraine..




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