Business news from Ukraine

US PLANS TO ALLOCATE $1.5 BLN TO UKRAINE MONTHLY IN COMING MONTHS

14 June , 2022  

The United States authorities intend to send about $1.5 billion a month to Ukraine to support the work of the government, Dereck Hogan, the Principal Deputy Assistant Secretary in the Bureau of European and Eurasian Affairs, said.
He said at a seminar at the Woodrow Wilson Center in Washington they had already allocated $1 billion for these purposes through various mechanisms and intended to send about $1.5 billion more monthly during 4-5 months.
The official noted that direct support for Ukrainian authorities is one of the priorities of the administration of President Joe Biden.
He said that the US should take into account the medium and long term, and now the US efforts should be focused on ensuring the work of the government of Ukraine.
The United States and NATO allies are continuing massive arms and ammunition deliveries to Ukraine. Mykhailo Podoliak, the adviser to the head of the Ukrainian President Office’s, said earlier that Kyiv would like to receive 300 multiple launch rocket systems from the West.
At the same time, US officials, both former and incumbent, warn of the need to establish control over the use of aid provided by the United States to Kyiv.

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