Katerina Chernovol23:32, 04/20/24

In addition, the Prime Minister thanked the US House of Representatives for adopting an act on the possibility of confiscation of Russian assets in favor of Ukraine.

On Saturday, April 20, 2024, the US House of Representatives approved a bill proposed by Speaker Mike Johnson on financial and military assistance to Ukraine . They provide for American budget expenditures of more than $60 billion.

As Prime Minister of Ukraine Denis Shmygal said , the Ukrainian side spoke with all stakeholders about the need to adopt an aid package during the government delegation’s visit to the United States. A number of important negotiations were held with representatives of the Democratic and Republican parties.

He also explained how the $60.8 billion included in the bill will be distributed :

• $49.9 billion – defense spending;
• $7.8 billion – potential budget support;
• $1.57 billion – economic assistance;
• $400 million – funds for border protection and humanitarian demining.

“We expect successful approval of the bill in the Senate within the next few days. Its implementation will mean more weapons for Ukraine, in particular long-range and air defense systems. Strengthening macro-financial stability, including in financing priority budget expenditures. Continued rapid restoration, especially of critical infrastructure “The United States once again demonstrates leadership and determination to fight for peace, security and a better future for Ukraine, Europe and the whole world,” Shmygal wrote.

In addition, the Prime Minister thanked the US House of Representatives for adopting an act on the possibility of confiscating the sovereign assets of the Russian Federation in favor of Ukraine. American legislators grant the corresponding powers to the President of the United States.

“We will receive an important resource for victory and restoration. I urge other countries where Russian assets are stored to follow this example,” Denis Shmygal emphasized.

(C)UNIAN 2024