US pledges $48 mln in additional aid to Ukraine
Consequently, during a visit to Kyiv for the inauguration of Ukrainian President Petr Poroshenko US Vice President Joe Biden announced that Ukraine will receive an additional “to help the Ukrainian Government conduct key reforms, build law enforcement capacity, and strengthen national unity.”
The new aid package follows the $1 billion loan guarantee, $50 million crisis-response package, and $23 million in security assistance. Thus, the overall US aid to Ukraine this year exceeds $184 million.
The $48 million assistance package is aimed at economic reforms that will ensure that IMF and World Bank programs are successfully implemented and put the country “on a path towards economic growth.”
Another set of measures involves “constitutional reforms, decentralization, and confidence-building” that should “enhance national unity, particularly in the East and South.”
The package also seeks to strengthen Ukraine’s state border guard service, to assist the country’s government, civil society, and the private sector in tackling corruption, as well as diversifying its trade and enhancing its energy security.
The additional Ukraine aid follows Poroshenko’s meeting with US President Barack Obama on Wednesday in Warsaw.
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