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Will Ukraine receive the $2.05 billion World Bank loan by June 30, 2025?
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Biden•Ukraine•Ukraine Security Assistance Initiative•USAI•Reuters•European Union•European Commission•Ursula von der Leyen•EU•World Bank
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World Bank press releases or Ukrainian government financial disclosures
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Biden Administration to Announce Final $1.2 Billion Military Aid Package for Ukraine, EU Pledges €30 Billion for 2025
Dec 20, 2024, 11:30 AM
The Biden administration is set to announce its final military aid package for Ukraine, valued at $1.2 billion, under the Ukraine Security Assistance Initiative (USAI). This package will utilize the remaining funds allocated for purchasing new weapons, including air defense interceptors and artillery munitions. The announcement is expected in the coming days, as reported by Reuters. Additionally, the European Union has committed to providing Ukraine with €30 billion in support for the year 2025, as announced by European Commission President Ursula von der Leyen. The EU has already provided approximately €130 billion in financial assistance to Ukraine since the onset of the conflict. The World Bank has also approved a $2.05 billion loan to Ukraine, further bolstering its financial support.
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