Ukraine receives $1.15 billion grant from US under World Bank program
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U.S. Secretary of Defense Lloyd Austin III shakes hands with Ukraine's President Volodymyr Zelenskiy during meeting of Ukraine Defense Contact Group ahead of a two day NATO Defense Ministers Council at the alliance headquarters in Brussels, Belgium, October 11, 2023. Olivier Matthys/Pool via REUTERS
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KYIV - Ukraine received a $1.15 billion grant from the United States on Wednesday as part of the PEACE in Ukraine program, the Ukrainian finance ministry said.
The PEACE (Public Expenditures for Administrative Capacity Endurance) in Ukraine project has been the World Bank's flagship financing instrument for Kyiv during Russia's war on Ukraine.
"In 2023, Ukraine has already received $10.9 billion in direct budget support from the United States in the form of grants," the finance ministry said. REUTERS
