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guns. We have already provided Ukraine with artillery, and even more HIMARS will arrive in the country.” So far, the US has provided Ukraine with almost $7B in security assistance.
EU proposes 1 billion euros in immediate support for Ukraine. “The first part of the macro-financial assistance package was announced in May. The EU will keep on providing relief to Ukraine and, in the longer-term, support its reconstruction,” European Commission President Ursula von der Leyen said.
Germany grants Ukraine 1 billion euros. Ukraine’s Finance Ministry announced on July 1 that it received the 1-billion-euro grant promised by Germany on June 25, which will be used to “finance priority social and humanitarian expenditures during martial law.”
Norway to provide 1 billion euros in aid to Ukraine for 2022, 2023. Norwegian Prime Minister Jonas Gahr Store made the announcement during his visit to Kyiv on July 1. “I’m here to say that Ukraine’s fight is not only for Ukraine. This is about some fundamental principles of the world we are going to offer to our children. This is about security in Europe, this is about the fate of your neighbour,” he said.
Ukraine plans to attract about $26.7B in assistance from international partners. Ukraine plans to attract about $26.7B in aid from its international partners by the end of the year, announced the Minister of Finance, Serhiy Marchenko. "What we have today is about $8.7B. We expect to receive another $18B by the end of the year. So, in total, we are talking about $26.7B. This is entirely due to all the help from international partners," he said. The minister added that about $2B has been raised from international partners this month alone, and another $2.4B is expected in the coming days.
The World Bank allocates an additional $1.49B to Ukraine. On June 4, the World Bank's Executive Board decided to provide Ukraine with $1.49B in additional funding to pay public and social workers, increasing the total amount of promised support to more than $4B, announced the World Bank’s press service. According to the bank, the allocation of these funds is supported by guarantees from the United Kingdom, the Netherlands, Lithuania, and Latvia, as well as parallel funding from Italy and contributions from the new multilateral donor trust fund. The Ukrainian Ministry of Finance has said it needs at least $5B a month to sustain the government in the face of the Russian invasion, which has halted much of its economy.
Ukraine will receive a €1B grant from Germany. The Minister of Finance of Ukraine, Serhiy Marchenko, and the Federal Minister of Finance of Germany, Christian Lindner, signed an agreement between the countries' governments to provide Ukraine with €1B in grant funding. “The funds will be directed to the state budget of Ukraine to finance priority social and humanitarian expenditures during martial law," announced the Ministry of Finance. Previously, Ukraine received long-term soft loans from the German government totaling €300M to fund the state budget. According to Marchenko, this grant will significantly contribute to Ukraine’s support Ukraine.
UK to provide another $1.2 billion of military support to Ukraine. As NATO
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