25 Aug 2022 09:51

Ukrainian budget receives $3 bln in U.S. grants via World Bank mechanism

MOSCOW. Aug 25 (Interfax) - The Ukrainian state budget has received $3 billion in grants from the United States through the World Bank's mechanism, Ukrainian Prime Minister Denys Shmyhal said.

"A valuable present for Ukraine on the occasion of its Independence Day! U.S. President Joe Biden announced the allocation of nearly $3 billion in military aid to our state. The package includes air defense systems, unmanned aerial vehicles, artillery systems, and radars," Ukrainian media outlets quoted Shmyhal as saying on social media.

In addition, the Ukrainian state budget on Wednesday received another $3 billion as a non-refundable grant from the U.S. via the World Bank mechanism, the prime minister said.

"This is the first tranche from the additional $4.5 billion of direct budget aid," he said.