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USAID Warns No Funding Left for Direct Budget Support in Ukraine

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Burning dollar - Sputnik International, 1920, 08.11.2023
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WASHINGTON (Sputnik) - The US Agency for International Development (USAID) warned on Wednesday that there is no funding left for direct budget support to Ukraine, making further US appropriations critical to avoid Ukraine’s government using emergency measures to keep its economy afloat.
"At this time, there is no funding left for direct budget support. Without further appropriations, the government of Ukraine would need to use emergency measures, such as printing money or not paying critical salaries, which could lead to hyperinflation and severely damage the war effort," USAID Assistant Administrator for Europe and Eurasia Erin McKee said.
McKee made the comment during a US Senate Foreign Relations Committee hearing about the necessity of supplemental funding for Ukraine.
President Joe Biden meets with Ukrainian President Volodymyr Zelensky in the Oval Office of the White House, Thursday, Sept. 21, 2023, in Washington. - Sputnik International, 1920, 02.11.2023
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