According to the website of the Ministry of Finance, the head of the department, Sergiy Marchenko, and the World Bank’s Regional Director for Eastern Europe, Bob Som, signed an agreement under which the state budget of Ukraine will soon receive a grant from the United States in the amount of almost $3.9 billion.

It is noted that the funds will be used to pay salaries to teachers, emergency response officers, government employees, and to support priority social expenditures (payments to internally displaced persons, low-income families, and persons with disabilities).

This will be the first tranche of direct budgetary assistance from the United States this year. In total, the planned amount of financial assistance from the United States for the current year reaches $7.8 billion.

Sergii Marchenko expressed his gratitude to the United States and the World Bank team for their cooperation, which has resulted in the mobilization of resources that are critical for Ukraine.