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US plans $1.5 billion-a-month aid to crisis-hit Ukraine, says report

EU leaders are expected to discuss Kyiv's financial requirements, which the draft budget for 2023 has placed at $38 billion, at a summit in the Czech Republic this week

Rescue operation is underway after a missile strike, amid Russias invasion of Ukraine, at a location given as Chasiv Yar, Ukraine (Photo via Reuters)
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File Photo: Rescue operation is underway after a missile strike, amid Russias invasion of Ukraine, at a location given as Chasiv Yar, Ukraine (Photo via Reuters)

Alberto Nardelli, Jennifer Jacobs & Jorge Valero | Bloomberg
The US is willing to support Ukraine’s finances with $1.5 billion a month in aid throughout the war against Russia and is pushing its European allies to commit to similar amounts, according to people familiar with the matter.

The US administration, which signed off last week on $4.5 billion in grants to cover the rest of the year, has held conversations with European Union officials and has pressed Europe to do more, the people said. 

With the EU haggling internally over the delivery of previous pledges, allies have been discussing a more regular mechanism to help keep Ukraine’s economy afloat as the

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