: Ukraine may receive USD 500 mln from U.S.

15:17 May. 14, 2016

Ukraine may receive USD 500 mln from U.S.

In this Feb. 9, 2016 file photo, Senate Armed Services Committee Chairman Sen. John McCain, R-Ariz., speaks on Capitol Hill in Washington. (AP Photo)

Senator McCain announces details of 2017 defence budget

U.S. Senators John McCain (R) and Jack Reed (D), Chairman and Ranking Member of the Senate Armed Services Committee, have announced details of the committee's markup of the National Defense Authorization Act for Fiscal Year 2017. The document authorises up to USD 500 million to provide security assistance to Ukraine, including lethal assistance.

Read also John McCain: Ukraine needs US defensive weapons now

The bill restricts half of these funds until the Secretary of Defense certifies that Ukraine has taken substantial action to make defense institutional reforms to fight corruption, increase accountability, and sustain capabilities developed by security assistance efforts.

The overall amount of 2017 defence budget is USD 602 billion.

In 2016, Ukraine's military will receive USD 300 mln in assistance to bolster combat readiness.

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