Situation in Ukraine

$1.7 billion to be provided to Ukraine as a grant

by Azerbaycan24

Ukraine will receive a $1.7 billion grant from the Single Donor Trust Fund established by the IBRD, the International Development Association (IDA) and USAID, Ukrainian Prime Minister Denys Shmyhal said, Report informs via RBC-Ukraine.

“The grant will be attracted on a gratuitous, non-refundable basis to the state budget of Ukraine from USAID with the support of IBRD and IDA,” Shmyhal wrote on Telegram.

According to him, the grant is the result of agreements reached by development partners because of Russia’s war against Ukraine.

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