White House seeks $13.7 billion more as emergency package for Ukraine ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 28
President Joe Biden is asking Congress to provide USD 13.7 billion in emergency dollars for Ukraine as U.S. aid to the war-torn country is running out. The request, which comes as lawmakers are preparing to return to Washington, is part of a larger USD 47.1 billion emergency spending package the White House is proposing to pay for the COVID-19 response, the ongoing monkeypox outbreak and help for recent natural disasters in Kentucky and other states. Congress will have to extend current financing for federal agencies before it runs out on Sept. 30. The money for Ukraine would be on top of USD 40 billion that was approved earlier this year. Administration officials said that roughly three-qua

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