US ready to allocate $1.5 billion to Ukraine every month until end of war - Bloomberg
Date: 2022-10-02 Author: Кирило Загоруйко Categories: MILITARY ASSISTANCE
The United States is ready to allocate $1.5 billion to Ukraine every month until the end of the war to finance the budget.
Washington is also pushing the European Union to allocate commensurate amounts, Bloomberg writes, citing people familiar with the negotiations.
It is noted that for the first time this was announced by First Deputy Assistant Secretary of State for European and Eurasian Affairs Derek Hogan, but then it was about funding for four to five months.
However, already in September, the Ministry of Finance submitted to the Verkhovna Rada a draft budget with a trillion-dollar deficit. Minister Sergei Marchenko explained that the Cabinet of Ministers is counting on $38 billion from partners.
EU leaders are scheduled to discuss Ukraine's financial needs this week, included in the draft state budget.
The American side has already told the diplomats who are preparing this summit that Europe is expected to receive the same level of funding that the United States is ready to provide.
Allies are discussing setting up a more regular bailout mechanism to help keep Ukraine's economy afloat without cash gaps, Bloomberg sources say.
