Skip to content

News Feed

11:45 PM
Sumy's mayor, Oleksandr Lysenko, was being held in custody with the possibility of posting an Hr 3,000,000 bail (about $82,000), Ukraine's High Anti-Corruption Court (HACC) announced on Facebook on Oct. 4.
Ukraine Daily
News from
Ukraine in your
8:02 PM
A man has been seriously injured after he came across ammunition left behind by Russian ammunition, which then exploded, Kherson Oblast Military Administration reported on Oct. 4. The 32-year-old man lost a limb, among other injuries, and was taken to hospital for treatment.
7:46 PM
Nikopol was targeted by Russian artillery and an attack drone during the day, injuring one civilian, Dnipropetrovsk Governor Serhii Lysak reported on Oct. 4.

watch us on facebook

Edit post

Finance Ministry: Ukraine receives $1.25-billion grant from US

by Martin Fornusek July 31, 2023 3:53 PM 2 min read
Ukraine's Prime Minister Denys Shmyhal and the World Bank's Managing Director Anna Bjerde
Ukraine's Prime Minister Denys Shmyhal and World Bank Managing Director Anna Bjerde on April 12, 2023. (Photo: Prime Minister Denys Shmyhal / Facebook)
This audio is created with AI assistance

Ukraine received a grant of $1.25 billion from the U.S. through the Multi-Donor Trust Fund of the World Bank, the Finance Ministry announced on July 31.

This is the fifth package provided to Ukraine under the Public Expenditures of Administrative Capacity Endurance (PEACE) in Ukraine, designed to support Ukraine's social and humanitarian expenditures.

In particular, the funding will be used to cover social assistance for internally-displaced persons (IDP), people with disabilities, low-income families, and other social payments.

The ministry noted that in 2023, Ukraine received $8.45 billion in direct budget support from the U.S. Since the start of the full-scale war, Washington has provided Kyiv with $20.4 billion in grant funding, the ministry's press release said.

The PEACE project in Ukraine was established in June 2022 to help the country in supporting around 13 million beneficiaries, including 10 million pensioners, 500,000 education employees, 145,000 government employees, 56,000 emergency workers, and over three million social assistance beneficiaries and IDPs, according to the World Bank.

On June 21, the World Bank announced a tranche of $1.75 billion for emergency assistance to Ukraine under the PEACE project. The package included a $500 million loan from the World Bank guaranteed by the U.K., a $1.25 billion grant from the U.S., and a $15 million grant from Finland.

Halushka, Shevchuk: A call to put Russian assets toward Ukraine’s reconstruction
Last week, the U.K. co-hosted the Ukraine Recovery Conference in London. Held on June 20-21, the event was dedicated to mobilizing the public and private sectors for Ukraine’s recovery. While a lot of brilliant plans were voiced, the elephant in the room remained the question of who will
Support independent journalism in Ukraine. Join us in this fight.
Freedom can be costly. Both Ukraine and its journalists are paying a high price for their independence. Support independent journalism in its darkest hour. Support us for as little as $1, and it only takes a minute.
visa masterCard americanExpress

Editors' Picks

Enter your email to subscribe

Please, enter correct email address


* indicates required
* indicates required


* indicates required
* indicates required


* indicates required


* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.