Ukraine war: US gives Kyiv $20bn funded by seized Russian assets  

AI

**US Gives $20 Billion to Ukraine**

The US has given $20 billion to Ukraine. This money comes from profits by Russia after its assets were frozen.

This is a big part of a bigger package worth $50 billion agreed on by the G7 in June. The funds will be used purposes, like helping hospitals and emergency services.

US Treasury Secretary Janet Yellen said that using frozen assets means Russia has to pay for its actions, not US taxpayers.

**Changes Ahead?**

However, with Donald becoming the new US soon, there are doubts about whether this aid will continue. Mr. Trump wants to end the in Ukraine quickly and has questioned the financial support given to Kyiv.

The money was transferred to a World Bank fund on Tuesday. This means it is now available for Ukraine to use as needed.

**Where Will the Money Go?**

Ukraine needs all the help it can get, with Russian forces retaking ground in recently. The aid will go towards supporting emergency services and other critical areas of .

US officials had wanted to dedicate half of this money to military aid but were unable to get Congress’ approval.

Share This Article
Leave a Comment