US Sending ‘Billions’ to Fund Ukraine Government Operations (VOA News)

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    US Sending ‘Billions’ to Fund Ukraine Government Operations – By Natalie Liu (VOA News) / July 9, 2022

    WASHINGTON — Since Russia’s full-scale invasion of Ukraine started in February, talks of support for Kyiv have largely centered around weapons and ammunition. But Washington is also sending large amounts of money to fund Ukrainian government operations, U.S. officials said this week, as U.S. and European officials affirmed support for Ukraine’s reconstruction, following the conclusion of the recent Lugano Conference.

    The United States is “proud to be the largest single country donor to Ukraine” and will be delivering “billions more of assistance” in the coming months, announced Karen Donfried, assistant secretary of state for European and Eurasian affairs, at an event in Washington on Thursday. Those sums include “billions in needed direct budget assistance,” she said.

    Washington has provided $2.3 billion in direct budget support to the government of Ukraine since Moscow launched its attack, a State Department representative told VOA, adding that the support is channeled through World Bank mechanisms. Kyiv received “two tranches of $500 million each on April 29 and May 20, and $1.3 billion on June 29,” the representative said.

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