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Ukraine anticipates $12 bln in US financial aid this year - Ukrainian Prime Minister

Ukraine anticipates $12 bln in US financial aid this year - Ukrainian Prime Minister Photo: Denys Shmyhal, Prime Minister of Ukraine (Vitalii Nosach, RBC-Ukraine)

Throughout 2024, Ukraine expects to receive $11.8 billion in financial aid from the United States of America (USA), according to Ukrainian Prime Minister Denys Shmyhal during the "Ukraine. Year 2024" forum.

"We expect $11.8 billion in assistance from the United States this year. This is what we agreed upon. We firmly believe that the United States will not leave Ukraine alone in terms of both financial and military support, as they are united in one package. Therefore, we await Congress's decision after their two-week break," the Prime Minister stated.

United States assistance to Ukraine

Last year, Biden requested over $100 billion from Congress for aid to Ukraine, Israel, and Taiwan, as well as for securing the American border. Republicans refused to support the initiative, demanding tougher measures for border security. Consequently, assistance to Ukraine became contingent on the position of Republican Party members.

Recently, the US Senate began considering a bill for aid to Ukraine, Israel, and Taiwan without funds for border security. On February 3rd, senators supported the bill.

For the bill to become law, it still needs to pass the House of Representatives and be signed by President Joe Biden.

"Ukraine. Year 2024"

As announced by the spokesperson for the President of Ukraine, Serhii Nikiforov, today, February 25, a press conference will be held with the participation of top speakers from the government, military-political leadership, Prime Minister, Speaker of the Verkhovna Rada, Security Service of Ukraine, Main Intelligence Directorate, Ministry of Strategic Industries, Office of the President, and the President himself.

During the forum, the following topics will be addressed:

  • Development and future of the Ukrainian army.
  • Implementation of modern technologies.
  • Ukraine's accession to the European Union and NATO.