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US to provide $500 million budgetary assistance to Ukraine.

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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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We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Russia failed to break Ukraine’s army on the battlefield, and now it’s trying to do it through a peace plan that would cap Ukraine’s forces at 600,000. Some argue that Ukraine would shrink its army — currently estimated at about 800,000 — after the war anyway.

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