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HomeWorldUSBiden signs $40 billion bailout package to Ukraine for now in seoul

Biden signs $40 billion bailout package to Ukraine for now in seoul

The Senate passed it after Biden’s departure from Washington.

confirmation that Biden signed the bill came to light when the president attended a state dinner. with South Korean President Yoon Suk-yeol. Biden signed aid package off camera earlier on Saturday, together with bill to improve access to baby formula for families in need.

Legislation provides money for military and humanitarian aid, including funding for assistance to Ukrainian military and national security forces, help top up stores of US equipment send to Ukraine and provide public health and medicine support for Ukrainian refugees.

A spokesman for the National Security Council told CNN that the bill is heading to South Korea. with someone already trip to region for official responsibilities.

National Security Adviser Jake Sullivan told reporters. with the president on Thursday, “The President really intends sign account while on road so that he can sign it is operational. Conditions of that are being worked on right now so that he can get them and sign This is. There won’t be a gap for very reason.”

The bill provides for an increase in funding the president’s spending cut powers from the $5 billion the Biden administration originally requested to $11 billion. Financing presidential powers to cut costs allows administration to send military equipment and weapons to Ukraine from US warehouses.

Check also provides $6 billion in Financing of the Ukraine Security Assistance Initiative, another way Biden administration provides Ukraine with military help. Financing allows administration to buy weapons from contractors and then supply these weapons to Ukraine, and how result does not draw directly from US stocks.

According to fact sheet from the Democratic House of Representatives, money help Ukrainian military and national security forces and will go towards weapons, equipment, training, logistics and intelligence support, as well as other needs.

There will be also will be approximately $9 billion help restock in the US equipment which was shipped to Ukraine as many lawmakers raised concerns about replacement stocks of weapons that the US provides to Ukraine, especially Stingers and Javelin missiles.

The bill provides for $3.9 billion. for European Command operations, including “mission supportintelligence supporthardship fee for troops transferred to region and equipment, including the Patriot battery, the Democrat said in the House of Representatives. fact sheet. The Department of protection has added additional US troops in Eastern European countries support support for NATO allies side by side with Ukraine since Russia invasion started.

To meet humanitarian needs, the bill will include $900 million in refugee aid support, including housing, injury support, and English language instruction for Ukrainians are fleeing the country.

This measure provides an additional $54 million. for public health and medicine support for Ukrainian refugees.


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Tyler Hromadka
Tyler Hromadka
Tyler is working as the Author at World Weekly News. He has a love for writing and have been writing for a few years now as a free-lancer.

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