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Biden set to approve a $33 BILLION war chest for Ukraine to help ‘fight for freedom’ | World | News

Mr Biden will ask Congress to approve the bundle, which incorporates over $20 billion (£16 billion) for weapons, ammunition and different navy help, in addition to $8.5 billion (£6.8 billion) in direct financial help to the Ukrainian authorities and $3 billion (£2.4 billion) in humanitarian support. It is meant to help fund the Ukrainian war effort till September which is the tip of the US monetary year.

Mr Biden mentioned at The White House on Thursday that the invoice was wanted to help Ukraine “fight for freedom” however that it “wasn’t cheap”.

He mentioned: “We need this bill to support Ukraine in its fight for freedom.

“The cost of this fight – it’s not cheap – but caving to aggression is going to be more costly.”

Although the United States has dominated out sending its personal troops to battle for Ukraine instantly, it has been sending weapons together with its European allies.

These have included heavy artillery, anti-aircraft Stinger and anti-tank Javelin missiles.

Ukrainian President Volodymyr Zelensky praised what he referred to as “a very important step” by the United States in a video deal with.

He mentioned: “I’m grateful to the American individuals and personally to President Biden for it.

“I hope that Congress will rapidly approve this request for help to our state.” 

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The US President also wants to make it a criminal act to knowingly hold money from corrupt dealing with Russia according to a summary of the legislative proposals.

The U.S. has sent $3 billion (£2.4 billion) military aid to Ukraine since Russia launched what it calls a “particular navy operation” to demilitarise Ukraine and protect it from fascists in February.

The United States and its European allies have frozen $30 billion (£24 billion) of assets held by oligarchs with ties to Russian President Vladimir Putin, including yachts, helicopters, real estate and art, the Biden administration has said.

The full package is about a fifth of pre-war Ukrainian annual economic output, while the $20 billion (£16 billion) U.S. military assistance alone is about a third of what the Russian military spent overall last year, before the war began

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