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US to provide Ukraine with $4.5 billion as direct budget support.

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The U.S. will start disbursing the funds in the next few weeks, which will help Ukraine improve economic stability and support critical government services, Treasury Secretary Janet Yellen said on Nov. 22.

These services include “wages for hospital workers, government employees, and teachers, as well as social assistance for the elderly and vulnerable,” Yellen added.

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The Kyiv Independent news desk

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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