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wants to forgive Ukraine more than 4.6 billion loans

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wants to forgive Ukraine more than 4.6 billion loans

The outgoing President of the United States, Joe Bidenit was proposed forgive more than $4.6 billion of a ready granted to Ukraine as economic aid, a new measure of support for this country in its fight against Russia before the arrival of Donald Trump at the White House next January.

Biden’s intention was communicated to Congress last week, as confirmed by the State Department spokesperson, Matthew Millerat a press conference this Wednesday.

Miller explained that the additional $61 billion security assistance package that the U.S. Congress provided to Ukraine last April includes a loan of approximately $10 billion for economic assistance on terms that to Biden the faculty of forgive up to 50% of the total.

“We have taken the steps required by law to forgive these loans and provide this economic assistance to Ukraine and Congress can now do that if it chooses,” Miller said.

Although Congress has the option to reject the president’s request, Miller revealed that the administration hopes lawmakers will support it. “I would be surprised if Congress took this action (denying the request) given Congress’s overwhelming bipartisan support for the aid, but “We will respect the law”said.

Just two months before former Republican President Donald Trump assumes the presidency again, the Biden administration has pledged to strengthen support to Kyiv before the transfer of command.

Biden has promised to deliver the remaining $6 billion in aid allocated to Ukraine before Trump’s inauguration. It also approved the delivery of antipersonnel mines to Ukraine and authorized kyiv to attack targets in Russia with long-range ATACMS missiles.

The Russian government, which invaded part of Ukraine in February 2022, leading to the ongoing war, accused Biden of “adding fuel to the fire” and lifted rules on the use of its nuclear weapons.

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