Skip to content
Edit post

US announces $10 billion aid package for Ukraine

by The Kyiv Independent news desk February 25, 2023 2:22 AM 1 min read
This audio is created with AI assistance

Washington announced an additional $10 billion aid package for Ukraine on Feb. 24.

In a press release, U.S. State Secretary Antony Blinken said the package includes budgetary support to the Ukrainian government and energy assistance to help support Ukrainians “suffering from Russia’s attacks.”

The package includes $250 million which will be directed toward addressing “immediate needs,” such as power grid equipment.

The statement added that Washington has started to disburse $9.9 billion in additional budgetary support to the Ukrainian government via the World Bank’s Public Expenditures for Adminsitrative Capacity Endurance (PEACE) mechanism.

The announcement was made hours after the U.S. announced a $2 billion defense aid package for Ukraine. The package includes additional ammunition for HIMARS, 155mm artillery rounds, munitions for laser-guided rocket systems, and funding for training, maintenance, and sustainment of equipment.

Earlier on Feb. 24, the U.S. also introduced an additional package of sanctions against Russia, targeting banks and key suppliers of the Russian military sector.

News Feed

5:15 AM

Media identifies nearly 85,000 Russian soldiers killed in Ukraine.

According to the outlets' conclusions for the year, 2024 will likely mark the "war's deadliest year," with a current count of over 20,000 deaths confirmed over the past 12 months — although final conclusions cannot yet be made as data on casualties continues to emerge.
11:17 PM

Zelensky meets with CIA director in Kyiv.

President Volodymyr Zelensky said on Dec. 21 that he met with CIA Director William Burns in Ukraine, marking a rare public acknowledgment of their discussions during Russia’s full-scale invasion.
4:16 AM

IMF approves $1.1 billion in funding for Ukraine.

The IMF approved the $1.1 billion tranche after completing its sixth review of the Extended Fund Facility (EFF), a plan to provide Ukraine with over $15 billion in budget support over four years.
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.