President Joe Biden formally asked Congress on Thursday for $33 billion in supplemental aid for Ukraine, of which more than $20 billion will go to military assistance to support Kyiv’s fight against the Russian invasion.
The head of state remarked that it is critical that Congress gives the green light for this aid.
Biden’s request for assistance includes, in addition to weapons and ammunition to Ukraine, $8.5 billion in direct economic assistance and $3 billion in humanitarian aid for the country.
This petition comes on the same day as the announcement that the U.S. economy declined by 1.4% in the last quarter and experts warning of the risk of stagflation.
At the same time, the President also proposed to Congress today that the funds confiscated from Russian oligarchs be donated to Ukraine as compensation for war damages to the country.
Biden’s announcements come after Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin met with Ukrainian President Volodymyr Zelensky in Kyiv on Sunday in the highest-level visit by U.S. officials to the country since Moscow launched its invasion of Ukraine on February 24.
Since then, tens of thousands of Ukrainians continue to flee their country daily after two months of Russian invasion: this exodus now totals more than 5.2 million, according to updated figures from the United Nations Refugee Agency (UNHCR).