United States Secretary of State, Anthony Blinken announced today in London at the Ukraine Recovery Conference that, working with Congress, the US intends to provide an additional $1.31 billion in assistance to help Ukraine recover from Russia’s ongoing assaults on the country.
The conference is jointly hosted by the United Kingdom and Ukraine, according to the office of the State Department’s Spokesperson.
“These new funds include general economic assistance, assistance to repair and modernize Ukraine’s energy infrastructure, and support for Ukraine’s commitment to energy sector reforms.
“The U.S. Embassy in Ukraine will announce specific details about this funding commitment for energy in the coming weeks, Blinken said at the conference.
According to him, the United States believes that a just and lasting peace for Ukraine will be forged not only through Ukraine’s long-term military strength, but also the strength of its economy, democracy, and people.
“The historic size and scope of the assistance the United States has provided, along with our allies and partners, represents the importance of Ukraine to the Euro-Atlantic community, and to our combined security and economic future.
“The Multi-agency Donor Coordination Platform, launched in January following a G7 Leaders’ commitment, is serving as the key vehicle for coordinating early recovery and reconstruction support and dialogue around reform with Ukraine, he noted.
This new funding announcement, he continued, is in addition to the approximately $63 billion in U.S. assistance provided to Ukraine since February 24, 2022, including:
Economic and Development Assistance: Since February 24, 2022, the United States has provided approximately $19.3 billion in budget support for the Government of Ukraine through World Bank mechanisms. An additional $3.7 billion will be provided through September 2023.
This additional assistance represents our continued commitment to assisting the Government of Ukraine in maintaining its operational capacity as it defends against Russia’s brutal aggression.
Along with budget support, the U.S. has provided approximately $1.4 billion to support economic resilience, energy security, governance, cybersecurity, anti-corruption efforts, health sector, and agriculture production.
Blinken disclosed that the United States is collaborating with Ukraine’s other key donor and international financial institutions partners via the Multi-agency Donor Coordination Platform to ensure assistance for recovery and reconstruction is deployed in a strategic, impactful, and transparent way.
On Humanitarian Assistance, he noted: “Since February 24, 2022, the United States has provided more than $2.1 billion in humanitarian assistance for the Ukraine response inside Ukraine and in the region – supporting critical needs such as safe drinking water, shelter, winterization services, livelihood assistance, sanitation, hygiene supplies, emergency health supplies, emergency food assistance, and protection services.
In the area of Security Assistance, he said the United States has provided more than $40 billion since Russia launched its premeditated, unprovoked, and brutal war against Ukraine on February 24, 2022.
