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US to provide $500 million budgetary assistance to Ukraine.

by The Kyiv Independent news desk April 21, 2022 6:13 PM 1 min read
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U.S. President Joe Biden announced on April 21 an accelerated program to allow Ukrainian refugees into the United States and $500 million in direct economic aid to the Ukrainian government. Earlier, Finance Minister Sergii Marchenko said that Ukraine’s state budget deficit would likely increase from $2.7 billion in March to $5-7 billion in April and May.

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10:35 PM

Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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