These funds should enable Ukraine to protect its electricity network, fight cyberattacks and equip itself with defensive weapons.
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The US Congress adopted a new federal budget on Thursday, March 10, which includes an envelope of nearly 14 billion dollars for the Ukrainian crisis. The text voted by Democratic and Republican senators includes an economic and humanitarian component. It must now be signed into law by President Joe Biden.
These funds are, among other things, supposed to allow Ukraine to protect its electricity network, fight cyberattacks and equip itself with defensive weapons. On Thursday, the IMF had, for its part, endorsed $1.4 billion in emergency aid for Ukraine.
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The aid also includes more than 2.6 billion dollars dedicated to the humanitarian component and more than a billion dollars to support refugees fleeing Ukraine. The envelope “will provide food, medicine, shelter, support for more than two million refugees and resources for Ukraine’s crumbling economy”detailed the leader of the Democrats in the Senate, Chuck Schumer. “It will also allow arms transfers such as [lance-missiles] Javelin and Stinger, it will reassure and strengthen NATO”he added.
The United States also devotes a significant portion of this assistance to Ukraine’s macroeconomic needs in order to ensure “continuity of government”as have also done the IMF and the World Bank.
These 14 billion dollars were attached to the American federal budget for the year 2022, i.e. 1,500 billion dollars of expenditure that the senators had to adopt at all costs before Friday evening, to avoid a drying up of state finances.