US President Joe Biden announced $2.5 billion in additional security assistance for Ukraine on Monday as he uses his final weeks in office to surge military aid to Kyiv before President-elect Donald Trump takes power.
"At my direction, the United States will continue to work relentlessly to strengthen Ukraine’s position in this war over the remainder of my time in office," Biden said in a statement, Reuters reported.
Biden's announcement includes $1.25 billion in military aid drawn from US stockpiles and a $1.22 billion Ukraine Security Assistance Initiative (USAI) package, the final USAI package of Biden's time in office.
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The Ministry of Finance of Ukraine has signed an agreement with the World Bank on a loan from the US in the amount of $15 bln to be secured by income from frozen Russian assets, Ukrainian Prime Minister Denis Shmygal announced.
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