Ukraine to receive $1.7 billion non-refundable grant

Prime Minister Denys Shmyhal has said that Ukraine will receive a $1.7 billion grant from the United States Agency for International Development (USAID).

He made the statement on Telegram, UNIAN reports.

The grant will come from a Single Donor Trust Fund established by the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA) and USAID, Shmyhal wrote.

"These are the results of agreements reached by development partners because of the large-scale aggression unleashed by Russia against Ukraine. The grant will be attracted on a gratuitous, non-refundable basis to the state budget of Ukraine from USAID with the support of IBRD and IDA," the prime minister said. 

He noted the draft agreement was approved at a meeting of the Ukrainian government.

Shmyhal added that the money will be used to cover the state budget's expenses for paying for services under the medical guarantees programme.

"This is extremely significant support from our American partners," Shmyhal said.