Ukraine has received about $530 million in US and UK grants from a fund set up by the World Bank for donations to the Kiev government in the wake of the Russian invasion, the Treasury Department said.
The US donated about $500 million and Britain 24 million pounds ($30 million) and the money had now arrived in the state budget, the Treasury Department said late Thursday.
“These funds will be used to provide urgent social, humanitarian and health expenditure, as well as support for internally displaced persons,” the statement said.
The US Senate on Thursday approved nearly $40 billion in additional aid to Ukraine, and the Group of Seven Advanced Economies agreed to provide Ukraine with more than $18 billion in funds.
(Except for the headline, this story has not been edited by DailyExpertNews staff and has been published from a syndicated feed.)