Biden unveils $2.5 billion weapons package for Kiev
Treasury Secretary Yellen announces that the funding designated for Ukraine aid has been exhausted, while President Biden approves an additional $2.5 billion allocation. Read Full Article at RT.com.
TroibNews 
Treasury Secretary Janet Yellen announced that the US has completed the transfer of the final tranche of $3.4 billion to Ukraine.
President Joe Biden stated on Monday that the US is providing additional military aid to Ukraine valued at approximately $2.5 billion, reinforcing his commitment to support Kiev in the concluding weeks of his presidency, which ends on January 20.
Biden revealed that $1.25 billion of the total will be military assistance sourced from US stockpiles, which will be handed over to Ukrainian authorities under the Presidential Drawdown Authority.
The balance of $1.22 billion will be allocated through the Ukraine Security Assistance Initiative, where the Pentagon contracts the US military industry to produce new equipment for Ukraine.
According to a report last week by AP, officials indicated that this aid package is anticipated to include a substantial quantity of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. Additionally, it will supply Stinger missiles and 155 mm and 105 mm artillery rounds.
The US Department of Defense is currently supplying “hundreds of thousands of artillery rounds, thousands of rockets, and hundreds of armored vehicles” to "strengthen Ukraine’s hand" as winter approaches, Biden stated.
“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.”
Since the conflict began in 2022, the US Congress has approved a total of $175 billion in spending related to Ukraine. Of this total, about $117.4 billion has been allocated for defense-related needs and $57.4 billion for non-defense needs.
It remains uncertain if the pace of financial assistance will continue under the incoming administration of President-elect Donald Trump, who is set to take over in three weeks. Trump has previously asserted that he aims to swiftly conclude the war, suggesting he would prefer loans over grants for Ukraine.
On Monday, Yellen confirmed that Washington had completed the last disbursement of $3.4 billion, as outlined in the 2024 Ukraine Security Supplemental Appropriations Act.
Russia has consistently asserted that no level of Western aid will prevent its troops from accomplishing the objectives of their military operation or change the ultimate outcome of the conflict. Moscow also contends that providing arms, sharing intelligence, and training Ukraine's troops indicates that Western nations are effectively engaged in the conflict.
Max Fischer contributed to this report for TROIB News
President Joe Biden stated on Monday that the US is providing additional military aid to Ukraine valued at approximately $2.5 billion, reinforcing his commitment to support Kiev in the concluding weeks of his presidency, which ends on January 20.
Biden revealed that $1.25 billion of the total will be military assistance sourced from US stockpiles, which will be handed over to Ukrainian authorities under the Presidential Drawdown Authority.
The balance of $1.22 billion will be allocated through the Ukraine Security Assistance Initiative, where the Pentagon contracts the US military industry to produce new equipment for Ukraine.
According to a report last week by AP, officials indicated that this aid package is anticipated to include a substantial quantity of munitions, including for the National Advanced Surface-to-Air Missile Systems and the HAWK air defense system. Additionally, it will supply Stinger missiles and 155 mm and 105 mm artillery rounds.
The US Department of Defense is currently supplying “hundreds of thousands of artillery rounds, thousands of rockets, and hundreds of armored vehicles” to "strengthen Ukraine’s hand" as winter approaches, Biden stated.
“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.”
Since the conflict began in 2022, the US Congress has approved a total of $175 billion in spending related to Ukraine. Of this total, about $117.4 billion has been allocated for defense-related needs and $57.4 billion for non-defense needs.
It remains uncertain if the pace of financial assistance will continue under the incoming administration of President-elect Donald Trump, who is set to take over in three weeks. Trump has previously asserted that he aims to swiftly conclude the war, suggesting he would prefer loans over grants for Ukraine.
On Monday, Yellen confirmed that Washington had completed the last disbursement of $3.4 billion, as outlined in the 2024 Ukraine Security Supplemental Appropriations Act.
Russia has consistently asserted that no level of Western aid will prevent its troops from accomplishing the objectives of their military operation or change the ultimate outcome of the conflict. Moscow also contends that providing arms, sharing intelligence, and training Ukraine's troops indicates that Western nations are effectively engaged in the conflict.
Max Fischer contributed to this report for TROIB News
