US appoints supervisor for Ukraine aid funds
The US appointed the Inspector General of the Department of Defense, Robert Storch, as the supervisor of funds allocated to Ukraine.
The Office of the Inspector General of the Pentagon reported this.
Storch will start work on October 18. He will work with the US State Department and the US Agency for International Development (USAID) oversight bodies to oversee about $113 billion in US aid to Ukraine since the start of a full-scale invasion by Russian terrorists.
Last week, Storch created a new team in Ukraine to monitor US security assistance better. One of the high-ranking representatives of the USA already started working in Ukraine at the end of August. In particular, additional personnel are expected to arrive by the end of September.
Deutsche Welle writes that the White House has requested an additional 24 billion dollars for Ukraine, which the US Congress is currently considering. In response, Republicans are urging President Joe Biden's administration to implement stricter oversight of the funds to prevent corruption.
As previously reported by Rubryka, the President of the United States of America, Joe Biden, appointed the former Minister of Commerce, Penny Pritzker, as a special representative for the recovery of the economy of Ukraine.
It is noted that the new position shows that the Biden administration is concerned about the long-term economic survival of Ukraine despite the war with Russia.
In his statement, Biden noted that Pritzker would "direct US efforts to restore the Ukrainian economy," working with the government of Ukraine, US allies, international financial institutions, and the private sector.
For reference:
The U.S. has pledged to provide $9.9 billion in grants to Ukraine's budget in 2023, while the EU will provide 18 billion euros in macro-financial assistance through soft loans.
Next year, Ukraine needs $12 billion to $14 billion in financial aid from the United States, as budget spending remains high amid the Russian invasion.
It should be noted that the Ukrainian State Budget will receive a grant of 1.25 billion dollars within the framework of the World Bank project "Supporting Public Expenditures to Ensure Sustainable Public Administration in Ukraine" (PEACE in Ukraine).
