USA: $1.3 Bln for Ukraine

by Meifan Honcharuk
Wednesday, June 21, 2023
USA: $1.3 Bln for Ukraine

Antony Blinken announced assistance to the energy system, checkpoints and key infrastructure of Ukraine

On June 21, the US foreign minister announced an aid package for Ukraine on the Ukraine Recovery platform. Funds will be directed to several areas:

  • ≈ $520+ million — energy infrastructure rehabilitation;
  • $657 million — upgrade of border checkpoints, railroad tracks and critical systems.

The purpose of these investments is the renewal of Ukraine, a positive and sustainable reconstruction to attract foreign investment and prepare the energy system for integration into the European Union. The total amount of this package is $1.3 billion.

In addition, the US will help Ukraine fight corruption ($100 million) and support the private sector ($35 million).

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