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European Commission approves $4.3 billion for Ukraine under Ukraine Facility program

The European Commission agreed to allocate 4.1 billion euros ($4.3 billion) to Ukraine under the Ukraine Facility program, European Commission President Ursula von der Leyen confirmed on Nov. 14. The decision must be approved by the EU Council before the transfer. "As we're approaching the 1000th day of Russia's atrocious war, we will help keep […]

Ukraine

November 14, 2024

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Ukraine receives $1.1 billion from IMF

Ukraine has received a $1.1 billion tranche from the International Monetary Fund (IMF) and will direct them to critical budget expenditures, Prime Minister Denys Shmyhal announced on Dec. 23. The funds come as already the sixth tranche disbursed to Ukraine under the IMF's Extended Fund Facility (EFF) program, raising the amount provided so far to […]

Ukraine

December 23, 2024

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US has provided Ukraine with over $64 billion in military aid since start of full-scale invasion, Umerov says

The U.S. government has provided Ukraine with military aid worth over $64 billion since the beginning of Russia's full-scale invasion in 2022, Ukraine's Defense Minister Rustem Umerov said on Oct. 21 at a joint press briefing with U.S. Defense Secretary Lloyd Austin. The Pentagon chief arrived in Kyiv earlier in the day in a surprise […]

Ukraine

October 21, 2024

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Norway allocates over $2 billion in military aid for Ukraine in 2025, Umerov says

Norway has allocated 2 billion euros  ($2.1 billion) for military aid to Ukraine in 2025, Defense Minister Rustem Umerov said following a meeting with his Norwegian counterpart on Jan. 9. Norway has been one of Ukraine's staunchest supporters in Europe. Previously, Norwegian Prime Minister Jonas Gahr Stoere on Dec. 16 announced 2.7 billion Norwegian kroner […]

Ukraine

January 9, 2025

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Ukraine's foreign budget support surpasses $100 billion since start of full-scale war

Since the start of Russia's full-scale invasion in February 2022, Ukraine has received over $100 billion in foreign-backed external financing to support Ukraine's state budget, the country's finance ministry announced on Nov. 15. In addition to military aid to support Ukrainian military efforts along its eastern border, Western countries and institutions have helped to finance […]

Ukraine

November 15, 2024

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Ukraine receives first $1 billion as part of US batch of frozen Russian assets profits

Ukraine has received $1 billion from the United States in profits from frozen Russian assets, Prime Minister Denys Shmyhal said on Dec. 24. This is the first tranche of the planned $20 billion that the U.S. intends to provide as part of the G7 initiative. "We are grateful to U.S. partners and the World Bank […]

Ukraine

December 24, 2024

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UK to provide Ukraine with $2.9 billion military loan, to be repaid with proceeds from frozen Russian assets

London will provide Ukraine with a loan worth £2.26 billion ($2.9 billion) backed by profits from frozen Russian assets, the U.K. government announced on Oct. 22. The funds are the U.K.'s contribution to the Group of Seven (G7)'s initiative to provide Kyiv with a $50 billion loan by the end of the year, which will […]

Ukraine

October 22, 2024

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EU provides Ukraine with $3 billion, first tranche of loans from bloc backed by Russian frozen assets

Ukraine has received 3 billion euros ($3 .09 billion) from the EU, the first tranche of loans from the bloc funded by proceeds of frozen Russian assets, Prime Minister Denys Shmyhal said on Jan. 10. The money has been provided through the Extraordinary Revenue Acceleration (ERA) initiative, in which G7 countries pledged to provide Ukraine […]

Ukraine

January 10, 2025

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Drone coalition to gather $1.8 billion by end of 2024, defense minister says

The international drone coalition is planning to gather 1.8 billion euros ($1.8 billion) by the end of 2024 to support Ukraine, Defense Minister Rustem Umerov announced on Nov. 25. "This decision will allow Ukraine to strengthen its technological advantage on the battlefield and destroy the enemy more effectively," Umerov said. An allied initiative, co-headed by […]

Ukraine

November 25, 2024

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Japan to transfer $3 billion from frozen Russian assets to Ukraine, Zelensky says

Japan is poised to allocate an additional $3 billion dollars from frozen Russian assets to Ukraine, President Volodymyr Zelensky reported on Dec. 25. In a phone call with Japanese Prime Minister Shigeru Ishiba, Zelensky expressed his gratitude for Japan's previous aid to Ukraine, which has totaled $12 billion and "makes it possible to save thousands […]

Ukraine

December 25, 2024

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Ukraine receives $1.1 billion from IMF

Ukraine has received a tranche of nearly $1.1 billion from the International Monetary Fund (IMF) after the successful completion of the fifth programme revision, Prime Minister Denys Shmyhal said on Oct. 23. "The funds will be used to cover important non-military budget spending," Shmyhal said. Foreign aid is crucial for Ukraine as the economic pressure […]

Ukraine

October 23, 2024

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Scholz blocks proposal for $3 billion arms package for Ukraine, Spiegel reports

German Chancellor Olaf Scholz has blocked a proposal for an additional military aid package for Ukraine worth 3 billion euros ($3.09 billion), Spiegel reported on Jan. 9, citing its undisclosed sources. Under Scholz's leadership, Germany has become Ukraine's second-largest military donor after the U.S. The chancellor has nevertheless often been criticized for his cautious approach […]

Ukraine

January 10, 2025

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