Ukraine receives additional $3.4 billion budget aid from the U.S. - Yellen

Investing.com -- The United States has provided an additional $3.4 billion in budget aid to Ukraine, according to a statement made by Treasury Secretary Janet Yellen on Monday. This aid is intended to offer critical resources to Ukraine as the country continues to face escalating Russian attacks on its civilians and infrastructure.

The direct budget assistance was coordinated with the U.S. Agency for International Development and the State Department, marking the final disbursement under the 2024 Ukraine Security Supplemental Appropriations Act, as stated by Yellen.

A U.S. official noted that this latest funding brings the total amount of U.S. budget aid given to Ukraine to just over $30 billion since Russia's invasion in February 2022. The majority of these funds are utilized to maintain the operation of Ukraine's government, including the payment of salaries to teachers and other state employees.

In addition to the budget aid, U.S. President Joe Biden announced $2.5 billion in extra security assistance for Ukraine on Monday. This security assistance is separate from the direct budget aid.

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Source: Investing.com