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US transfers first tranche of direct budget support to Ukraine in amount of USD 1.2 billion, - Yellen

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The US government has transferred the first tranche of direct budgetary assistance to Ukraine in 2023 in the amount of $1.2 billion.

This was stated by US Treasury Secretary Jennet Yellen, іnforms Censor.NЕТ with reference to Ukrinform.

"The United States has provided $13 billion in economic assistance to Ukraine. Today, I am proud to announce an additional $1.2 billion in aid. This is the first tranche of about $10 billion in direct budget support that the United States will provide in the coming months," Yellen said.

According to the Minister, U.S. economic support helps the Ukrainian government and critical service providers to operate under extraordinary circumstances.

"Just as security assistance strengthens the front lines, I believe this economic assistance strengthens the home front, thereby strengthening Ukraine's resilience," Yellen added.

To remind, the U.S. government plans to provide $9.9 billion in budget support to Ukraine in the coming months. This aid was previously approved by Congress.