Yellen Says US Will Send $10 Billion in Economic Aid to Ukraine

By Dave DeCamp

Treasury Secretary Janet Yellen said Thursday that the US will send about $10 billion in additional economic assistance to Ukraine in the coming months.

Since Russia invaded Ukraine last year, the US has given Kyiv at least $13 billion in budgetary aid, economic assistance that goes directly to the Ukrainian government to fund government services, pensions, and healthcare.

“Our economic assistance is making Ukraine’s resistance possible by supporting the home front: funding critical public services and helping keep the government running,” Yellen said in India ahead of a meeting of G20 finance ministers.

“In the coming months, we expect to provide around $10 billion in additional economic support for Ukraine,” she said.

Additional aid will be pulled from the $45 billion Congress authorized to spend on Ukraine in December. So far, the US has approved $113 billion in spending on the war, which includes military aid, training, funds for the Pentagon to replenish stockpiles and pay for troop deployments, and economic assistance.

According to a summary of the $45 billion aid package approved in December, $13 billion is allocated for economic and budgetary assistance.

The US has handed tens of billions of dollars directly to the Ukrainian government despite its notorious corruption. Last month, a corruption scandal rocked Ukraine that resulted in the firing of several senior officials.

Source: Antiwar

Dave DeCamp is the news editor of Antiwar.com, follow him on Twitter @decampdave. View all posts by Dave DeCamp

Image: FEE

Become a Patron!
Or support us at SubscribeStar
Donate cryptocurrency HERE

Subscribe to Activist Post for truth, peace, and freedom news. Follow us on SoMee, Telegram, HIVE, Flote, Minds, MeWe, Twitter, Gab, What Really Happened and GETTR.

Provide, Protect and Profit from what’s coming! Get a free issue of Counter Markets today.