Friday, June 24 2016 13:45 EEST
U.S. Congress moves to boost assistance to Ukraine in the 2017 Financial Year Budget
Ukraine, USA, Financial year budget, support, Russia, Crimea, annexation, security, lawmakers, democratic community, integrity

In a bill making appropriations for the Department of State, foreign operations, and related programs for the fiscal year ending September 30, 2017, and for other purposes, the State and Foreign Operations

Embassy of Ukraine in The USA shared on Facebook:

'Subcommittee has included up to $663 million for programs of support to Ukraine. This will lead to exceed allocations for the same purposes in 2016 budget.

The bill will also makes available additional resources for the costs of loan guarantees for Ukraine. If passed into law, this will bolster the country’s macroeconomic stability.
The bill says, that none of the funds appropriated by this act may be made available for assistance for the central government of a country that has taken affirmative steps intended to support or be supportive of the Russian Federation annexation of Crimea as well as for the implementation of any action or policy that recognizes the sovereignty of the Russian Federation over Crimea. According to the draft, the Secretary of the Treasury shall instruct the United States executive directors of each international financial institution to vote against any assistance by such institution (including but not limited to any loan, credit, or guarantee) for any program that violates the sovereignty or territorial integrity of Ukraine. These requirements and limitations shall cease to be in effect after the Government of Ukraine has reestablished sovereignty over Crimea.
At the same time, the U.S. Congress is also on the track to increase the security related assistance to Ukraine in 2017. Earlier the U.S. Senate and the House passed their own versions of the National Defense Authorization Act for Fiscal Year 2017, which may authorize $500 million of security assistance for Ukraine, including lethal assistance.
We highly appreciate a position of the U.S. lawmakers, as it sends a strong signal to the world’s democratic community in support of Ukraine and its territorial integrity.'

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