Business news from Ukraine

Business news from Ukraine

Blinken confirms $5.6 bln in aid to Ukraine

29 September , 2024  

U.S. Secretary of State Anthony Blinken has announced the allocation of $5.55 billion in support of Ukraine under the President’s arms reduction authority, which will allow for the transfer of U.S. weapons to Ukraine and then replenish U.S. stockpiles.
“Today, I am ordering a $5.55 billion reduction in the remaining authority to support Ukraine’s defense. The United States and over 50 countries stand united with Ukraine, and this support will ensure continued strong support in the months ahead,” he wrote on social media site X.
In addition to this money, U.S. President Joe Biden officially announced an additional $2.4 billion, bringing the total amount of additional defense assistance to Ukraine to $7.9 billion, for which President Zelenskyy thanked the United States earlier today.