Business news from Ukraine

Britain to provide new $500 mln aid package to Ukraine

6 October , 2023  

The UK will provide a new winter aid package to Ukraine worth more than half a billion dollars, the British government’s website reported on Thursday, October 5.

“The new aid allocations to Ukraine announced today include £34 million (over $41 million) for the UN and charities providing shelter and warm winter clothing,” the statement said.

In addition, 10 million pounds (over $12 million) will be allocated to restore energy supply to household consumers after Russian attacks on Ukraine’s critical energy infrastructure.

A fourth UK loan guarantee of $500 million, provided through the World Bank, has also been announced. This funding should ensure that the Ukrainian government can provide vital winterization payments to three million households.

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