Biden wants to cancel Ukraine’s debt of over $4.5 billion  

AI

U.S. President wants to forgive some of Ukraine’s debt. He has sent a message to Congress saying he wants to cancel half of the $4.65 billion that the U.S. owes to Ukraine.

The money was given to Ukraine in April as part of a bigger package worth $61 billion. The terms of this deal allowed to forgive up to 50% of the debt. A spokesperson, Matthew Miller, said that the president’s message has been sent to Congress and it is now their decision whether or not to agree with him.

Miller expects most lawmakers to forgiving the debt, but they do have the option to say no. The wants to give Ukraine as much help as possible before President-elect Donald takes office in two months’ time.

President Biden has also promised to deliver the rest of the aid that was allocated for Ukraine and to send to Ukraine. He even authorized Kyiv (Ukraine’s capital) to attack targets in Russia with -range .

Read More @ kyivindependent.com

Share This Article
Leave a Comment