United States Contributes $500 Million to World Bank Multi-Donor Trust Fund to Help Government of Ukraine Sustain Operations
The United States, through the U.S. Agency for International Development (USAID), is contributing $500 million to the World Bank’s Multi-Donor Trust Fund for Ukraine (MDTF), fully implementing President Biden’s commitment to President Zelenskyy that the United States intends to provide the Ukrainian government with direct budgetary aid during their March 30 call. The United States remains committed to supporting Ukraine and its people in the wake of Russia’s unprovoked and unjustified war.
The World Bank established the MDTF to facilitate monetary donations from international partners to the Government of Ukraine in a rapid, targeted, and secure manner. The additional resources provided by the United States will ensure the Ukrainian government can continue operating and responding to critical needs – for example, keeping gas and electricity flowing to hospitals, schools, and other critical infrastructure, delivering essential services like healthcare, utilities, education, and humanitarian supplies to citizens, and continuing to pay the salaries of civil servants.
Since the Russian government’s full-scale invasion of Ukraine on February 24, USAID has been working closely with humanitarian partners in the country and region to reach Ukrainians with lifesaving humanitarian assistance while also ramping up development programs to respond to cyber attacks and threats to the energy sector, countering disinformation, supporting small businesses and the agriculture sector, documenting human rights violations, meeting essential health needs, and ensuring the continued functioning of local and national government entities.