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Ukraine expects $11.8 billion in US economic aid in 2024

World News

25-02-2024 | 08:46

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Ukraine expects $11.8 billion in US economic aid in 2024

Ukraine expects to receive $11.8 billion in economic support this year from the United States, its prime minister said on Sunday.

Kyiv faces a $37-billion budget gap in 2024 as it fends off a two-year-old Russian invasion and is relying on Western partners for critical aid.

Denys Shmyhal said during a televised conference in Kyiv that he was hopeful that US lawmakers would approve long-awaited economic and military assistance.

Ukraine also expects to receive 18 billion euros from the EU's Ukraine Facility approved earlier this year.

Reuters

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