U.S. to send Ukraine $5.5 billion in new fiscal, military aid

The United States will send an additional $5.5 billion in #aid to #Ukraine, made up of $4.5 billion in budgetary support and $1 billion in #military assistance, to help it come to grips with the turmoil of this year's Russian invasion.

The $4.5 billion budgetary grant will fund urgent government needs including payments for pensions, social welfare and healthcare costs, bringing total U.S. fiscal aid for Ukraine to $8.5 billion since Russia's February invasion, the U.S. Agency for International Development said.

The funding, coordinated with the U.S. Treasury Department through the #WorldBank, will go to the Ukraine government in tranches, beginning with a $3 billion disbursement in August, #USAID said.

It follows previous transfers of $1.7 billion in July and $1.3 billion in June, USAID said. #Washington has also provided billions of dollars in military and security support.

The $1 billion arms package announced by the #Pentagon is the largest single military package under President Joe #Biden's drawdown authority, including long-range rocket munitions and armored medical transport vehicles

It includes as many as 50 M113 armored medical transports and munitions for the U.S.-supplied #HIMARS long range rocket launchers and for the #NASAMS surface-to-air missile system. read more

The fiscal and military aid packages - both first reported by Reuters on Monday - are drawn from a $40 billion aid package for Ukraine approved by Congress in May. read more

Overall, the United States has contributed more than $18 billion to Ukraine this year.
#US #Russia
https://www.reuters.com/world/europe/exclusive-us-send-45-billion-more-ukraine-budget-needs-2022-08-08/

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