Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    DR Congo secures 70,000 doses for Ebola outbreak

    August 21, 2026

    Japan trade reaches records with imports leading exports

    August 21, 2026

    Wall Street rebounds on lower yields and healthcare surge

    August 20, 2026
    Facebook X (Twitter) Instagram
    Nigerian News HubNigerian News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Nigerian News HubNigerian News Hub
    Home » Biden signs a $40 billion aid package for Ukraine while in Seoul
    News

    Biden signs a $40 billion aid package for Ukraine while in Seoul

    May 21, 2022
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    US President Joe Biden signed a $40 billion aid package to Ukraine on Saturday after the bill was flown to Seoul, a White House official announced. Following his departure from Washington, the bill was approved by the Senate. The statement that Biden had signed the bill came as the President attended a state dinner with South Korean President Yoon Suk Yeol. He also signed a bill to improve access to baby formula for low-income families off camera earlier Saturday.

    Biden signs a $40 billion aid package for Ukraine while in SeoulAs part of the legislation, funds are available for military and humanitarian aid. These include funds to assist Ukrainian military and national security forces, replenish supplies of US equipment sent to Ukraine, and provide public health and medical support for Ukrainian refugees. The bill raises presidential drawdown authority funding from $5 billion to $11 billion. Through the President’s drawdown authority, US stocks of military equipment and weapons can be sent to Ukraine. The bill also provides $6 billion in Ukraine Security Assistance Initiative funding, another way that the Biden administration is assisting Ukraine. With this funding, the administration can buy weapons from contractors and then provide them to Ukraine, so US stocks are not directly used.

    According to a fact sheet from the House Democratic Caucus, the money will be used to assist Ukrainian military and national security forces. It will be allocated to weapons, equipment, training, logistics, and intelligence support, among other things. As part of the deal, there will also be roughly $9 billion in assistance to restock US equipment sent to Ukraine by the US. This comes as many lawmakers have raised concerns over restocking American weapon stock in Ukraine, especially stingers and javelin missiles which are being given to the country.

    In the bill, $3.9 billion is earmarked for European Command operations, including mission support, intelligence support, hardship pay for troops deployed to the region, and equipment, including a Patriot battery, according to a fact sheet issued by the House Democrat Caucus. Since the Russian conflict with Ukraine began, the US Department of Defense has moved additional troops into Eastern European countries to help support NATO’s allies in the region.

    There will be $900 million dedicated to refugees’ assistance. This will include the provision of shelter, trauma support, and the teaching of English language to Ukrainian refugees who flee their country. According to the measure, the government provided additional $54 million for health and medical assistance to Ukrainian refugees.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    Magnitude 6.1 quake shakes Indonesia near South Nias

    August 19, 2026

    DRC Ebola outbreak hits record with 2,325 deaths

    August 17, 2026

    Magnitude 5.4 quake hits Gilgit-Baltistan near Sost

    August 14, 2026

    Total eclipse tracks across Russia, Iceland and Spain

    August 13, 2026

    UN marks International Youth Day with youth investment call

    August 13, 2026

    Social media addiction suits advance against Meta, peers

    August 12, 2026
    Latest News
    Health

    DR Congo secures 70,000 doses for Ebola outbreak

    August 21, 2026

    KINSHASA, DR CONGO / RankWire.AI / – The Democratic Republic of the Congo has secured…

    Japan trade reaches records with imports leading exports

    August 21, 2026

    Wall Street rebounds on lower yields and healthcare surge

    August 20, 2026

    Magnitude 6.1 quake shakes Indonesia near South Nias

    August 19, 2026

    Congo Ebola outbreak passes 5,000 cases as response grows

    August 19, 2026

    DRC Ebola outbreak hits record with 2,325 deaths

    August 17, 2026

    DRC malaria toll nears 30,000 deaths after 26 million cases

    August 17, 2026

    Magnitude 5.4 quake hits Gilgit-Baltistan near Sost

    August 14, 2026
    © 2026 Nigerian News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.