Today, Ukraine has received a grant from the United States in the amount of USD 1.35 billion.

The funding will be used to reimburse priority social and humanitarian expenditures of the state budget, in particular, to ensure the payment of salaries to teachers.

The U.S. Government provided funding through the United States Agency for International Development (USAID) and in coordination with the U.S. Department of the Treasury and the U.S. Department of State. The funds were directed to the State Budget of Ukraine through the World Bank’s Public Expenditures for Administrative Capacity Endurance (PEACE) Project.

“Since February 2022, direct budget support from the United States has reached USD 28.2 billion, marking the largest financial assistance to Ukraine from any country in the world. This strong partnership with the U.S. aids the Government of Ukraine in maintaining financial stability and supporting its citizens with essential public services, such as education and rescue services, at the time of russia’s aggression. I am grateful to the leadership and taxpayers of the United States for this critically needed assistance amid the full-scale war,” stated Ukrainian Finance Minister Sergii Marchenko.

For this year, budget support from the U.S. is set at USD 7.8 billion, of which USD 5.2 billion has already been disbursed.

The Ministry of Finance is committed to an accountable and transparent funding process. Together with USAID’s State-Owned Enterprises Reform Activity (SOERA) and KPMG, it monitors the use of direct budget support from the U.S. Government. Additionally, with auditing firm PricewaterhouseCoopers Ukraine, an agreed-upon procedures review is being conducted to verify eligible government expenditures made by Ukraine under the PEACE in Ukraine project.