At Recovery Conference, US Urges Allies to Help Ukraine Meet ‘Immediate’ Needs

Ukraine says it needs $750 billion to recover from the war

During the second day of a conference in Switzerland on Ukraine’s future reconstruction efforts, a US envoy urged that allies must meet the “immediate and urgent” needs of Ukraine.

A day earlier, Ukrainian officials put the price tag for the country’s recovery from the war once it ends at $750 billion and said they want some of the funds to come from Russia’s frozen foreign currency reserves.

But Scott Miller, the US ambassador to Switzerland, said there also needs to be a focus on what Ukraine needs now. “While we recognize the importance of preparing for Ukraine’s future, all of us must also deliver on our commitments to provide Ukraine its immediate and urgent needs,” said Scott Miller, the US ambassador to Switzerland.

Since Russia invaded Ukraine, the US has committed about $54 billion to spend on supporting Kyiv in its war. The majority of the funds are going towards military spending, but the US has also allocated a sizeable chunk to economic assistance for Ukraine.

Included in the $40 billion aid package President Biden signed into law in May is $7.5 billion for economic aid that will go directly to the Ukrainian government. Last week, the Treasury Department announced it was sending $1.3 billion in economic aid to Ukraine, and it plans to deliver the entire $7.5 billion by the end of September.

As Russia continues to make gains in the east, and Ukraine maintains that its goal is to drive Russian forces out of the territory captured in February, there is no end in sight for the war. The $40 billion aid package is meant to last for the remainder of the 2022 fiscal year, which ends on September 30 for the US federal government. This means that the US is likely already preparing another massive aid package for Ukraine.

Author: Dave DeCamp

Dave DeCamp is the news editor of, follow him on Twitter @decampdave.