U.S. Grants $3.9 Billion to Ukraine via World Bank

Ukraine has secured a $3.9 billion grant from the United States through the World Bank. This is part of a total $7.8 billion budget support package for 2024, announced by Ukrainian Prime Minister Denys Shmyhal. The funds aim to aid Ukraine in navigating this financial year confidently.

Ukraine has secured a significant financial grant of $3.9 billion from the United States, coordinated through the World Bank, Ukrainian Prime Minister Denys Shmyhal announced on Monday.

According to Shmyhal, this grant represents the first tranche of direct budget support from the U.S. for the year 2024. In total, Ukraine is set to receive $7.8 billion in direct budgetary assistance from the U.S. this year. These funds are designed to help Ukraine confidently overcome the fiscal challenges of the upcoming financial period.

(With inputs from agencies.)