The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.

pre-order now
Skip to content
Edit post

Ministry: Ukraine receives $2 billion grant from US for budget support.

by The Kyiv Independent news desk December 20, 2022 8:11 PM 1 min read
This audio is created with AI assistance

Ukraine has received grant funds worth $2 billion from the U.S. through the World Bank’s Trust Fund, Ukraine's Finance Ministry reported on Dec. 20.

The money will be used for paying pensions and salaries to Ukrainian emergency workers and providing free medical services, the ministry said.

This is the second tranche of a grant totaling $4.5 billion, according to the ministry.

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

In total, the U.S. has provided Ukraine with $12 billion in the form of grants since Feb. 24, which makes the country the largest donor of direct budgetary aid to Ukraine in 2022, the ministry said.

News Feed

6:54 PM

Mariupol defender appointed commander of Azov Brigade amid military reform.

Following the start of Russia's full-scale war in 2022, Hrishenkov defended Mariupol, where he was injured. After 86 days of defending the encircled city under heavy Russian bombardment, he and about 2,500 other fighters left the Azovstal steel plant after Ukrainian commanders ordered the defending garrison to lay down their arms.
6:21 PM

4 days of hunting Russian drones.

The Kyiv Independent contributor Ignatius Ivlev-Yorke spent four days following an air defense unit guarding the skies over a region in eastern Ukraine, seeing how they live, work, and save civilians from the dozens of Russian drones flying toward Ukrainian cities each night.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.