Ukraine receives $3.9 billion in grant from US

6 August 2024

Since February 2022, Ukraine has received $27 billion in grants from the US to support its budget…reports Asian Lite News

Ukraine received $3.9 billion in non-repayable financial assistance from the US, Ukraine’s Finance Ministry said.

“The grant will help the government of Ukraine to reimburse priority social and humanitarian expenditures without increasing the debt burden,” said Ukrainian Finance Minister Sergii Marchenko on Monday.

The funding will be directed to finance wages for teachers, rescuers and public employees, and pay assistance to internally displaced persons, low-income families and people with disabilities, Xinhua news agency reported.

Since February 2022, Ukraine has received $27 billion in grants from the US to support its budget.

This year, Kiev is expected to get a total of $7.8 billion in budget support from Washington.

‘F-16s are in Ukraine’

Ukraine’s President Volodymyr Zelenskyy announced the arrival of F-16 fighter jets and stated, “Now it is a reality. F-16s are in Ukraine,” adding he thanked Denmark, Netherlands and the United States for the support, CNN reported.

Further, he also described the arrival of F-16 fighter jets in Ukraine as “a new chapter” for the country’s Air Force.

Since the start of the war, Ukraine has been urging its allies to supply the coveted jets to help defend its skies against Russian missile attacks.

Russia maintains air superiority over Ukraine and the F-16s offer a significant improvement in Kyiv’s weaponry. The F-16s can provide air cover for troops, attack ground targets, take on enemy planes and intercept missiles, as per CNN.

“We held hundreds of meetings and negotiations to strengthen the capabilities of our aviation and air defence,” Zelenskyy said, speaking at an airbase outside Kyiv.

“We often heard the answer that it was impossible,” he said. “Now it is a reality. F-16s are in Ukraine. I am proud of all our men who are mastering these aircraft and have already started using them for our country.”

Further, Zelenskyy stated that he is grateful to partners, especially to the first countries that accepted Kyiv’s request for the aircraft. “I thank Denmark, the Netherlands, and the United States. And to all our partners – we appreciate your support,” he said.

“Now is a new chapter in the Ukrainian Air Force. We have done a lot to ensure that the Ukrainian Air Force switches to a new standard of aviation – Western combat aircraft,” he said.

Zelenskyy also said he can’t comment on specific combat missions or how many F-16s are already in Ukraine, but said, “So far, the number that is available in Ukraine and the number of pilots who have already been trained is not enough.”

Nonetheless, “These jets are in our sky. It’s good that they arrived and we can use them. At least for today I can tell you openly that we can use them,” he said.

More F-16 jets are expected to arrive in Ukraine and “many of our men are currently studying and training,” Zelenskyy said. “I very much believe that the partners will find an opportunity to expand the training platform for our pilots and engineers. This is very important for us,” he added.

The US committed to approving the transfer of F-16 fighter jets to Ukraine in August last year, after months of lobbying by Kyiv.

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