In a recent update, Ukraine’s Prime Minister unveiled the nation’s expectation to receive substantial economic assistance amounting to $11.8 billion from the United States this year. This development coincides with Kyiv’s efforts to address a notable budget deficit of $37 billion amidst ongoing challenges, spotlighting the pivotal role of Western allies in extending crucial aid.
During a televised conference in Kyiv, Prime Minister Denys Shmyhal conveyed optimism regarding the forthcoming approval of long-awaited economic and military support by U.S. lawmakers. This impending assistance is poised to meet pressing needs and fortify Ukraine’s resilience in the face of enduring geopolitical complexities.
Moreover, Ukraine stands to gain additional support with the endorsement of 18 billion euros from the EU’s Ukraine Facility earlier this year, further emphasizing the international community’s dedication to reinforcing Ukraine’s economic stability and safeguarding its security.