Kiev (Reuters) – Ukraine has received a $3.9 billion grant from the United States through the World Bank, Ukraine's prime minister said Denys Shmyhal he said on Monday.
“This is the first tranche of direct budgetary support from the United States in 2024. In total, Ukraine will receive $7.8 billion in direct budgetary support from the United States this year, which will allow us to confidently get through this financial period,” Shmyhal said on the Telegram messaging app.
Ukraine's Finance Ministry said in a separate statement that the funds would go toward the salaries of teachers, State Emergency Service personnel and other government employees, and toward assistance to displaced persons, low-income families and people with disabilities.
“The grant will help the Ukrainian government to cover priority social and humanitarian expenses without increasing the debt burden,” Finance Minister Serhiy Marchenko said in a statement.
The ministry said that since February 2022, direct budget support from the United States has amounted to nearly $27 billion, the largest source of financial aid to Ukraine. Marchenko said the grant was part of a large $60 billion aid package for Ukraine.
(Reporting by Pavel Polityuk; Editing by Toby Chopra and Peter Graff)
