Ukraine Receives $1.15 Billion in Direct Budgetary Aid from US

Credit: President Of Ukraine from Україна

Ukraine on Wednesday received a $1.15 billion tranche of direct budgetary aid from the US that’s disbursed through the World Bank.

The budgetary aid the US has been providing Ukraine funds government services and salaries, subsidizes small businesses, pays farmers, and provides other types of economic support.

According to Ukraine’s Finance Ministry, the country has received $10.9 billion in direct budget support from the US in 2023. Since Russia invaded in February 2022, the US has provided Ukraine with a total of $22.9 billion in budgetary aid.