US releases final $ 3.4 billion aid package for Ukraine as Russia escalates civilian attacks

US Treasury Secretary Janet Yellen has announced $3.4 billion in direct budget support for Ukraine amidst intensified Russian attacks on civilians and critical infrastructure, according to the US Department of the Treasury.

Since 2022, US military assistance to Ukraine has reached around $60 billion, making the country the largest supplier of aid to Kyiv. This includes advanced weaponry, such as air defense systems and artillery. Additionally, US assistance has extended beyond military support to encompass humanitarian assistance for refugees and funding for various Ukrainian institutions.

“Our direct budget support to Ukraine arrives at a critical time as Russia intensifies its attacks on Ukrainian civilians and critical infrastructure,” stated Yellen.

The US treasury secretary claimed that economic assistance from the US and its allies is crucial for Ukraine’s ability to defend itself and achieve a just peace by maintaining the critical services “that underpin its brave fight.”

The aid package, coordinated with USAID and the State Department, represents the final disbursement under the bipartisan Ukraine Security Supplemental Appropriations Act of 2024.

The US Treasury Department has highlighted that direct budget support remains conditional on reforms to strengthen law enforcement, enhance government transparency and efficiency, and bolster anti-corruption measures.

The US agency stressed that Ukraine’s success aligns with America’s national interests. Halting Russia’s aggression will help uphold the global rules-based democratic order, reinforcing US security and economic interests. It sends “an unmistakable message to autocrats and would-be aggressors around the world that they will face unshakeable resolve.”

“We must not retreat in this effort. Together with the security assistance America is providing Ukraine and Treasury’s actions to further tighten sanctions on Russia’s war machine, we will continue to do everything in our power to position Ukraine to achieve a just peace,” added the US Treasury Department.

In a recent interview, US President-elect Donald Trump indicated that Ukraine may face reduced US aid under his upcoming presidency.

Read more:

You could close this page. Or you could join our community and help us produce more materials like this. 

We keep our reporting open and accessible to everyone because we believe in the power of free information. This is why our small, cost-effective team depends on the support of readers like you to bring deliver timely news, quality analysis, and on-the-ground reports about Russia’s war against Ukraine and Ukraine’s struggle to build a democratic society.

A little bit goes a long way: for as little as the cost of one cup of coffee a month, you can help build bridges between Ukraine and the rest of the world, plus become a co-creator and vote for topics we should cover next. Become a patron or see other ways to support.

Become a Patron!



Original Source

(Visited 1 times, 1 visits today)

About The Author

Related: