June 22, 2022 - 12:13 AMT
USAID: Ukraine spending $5-6 billion a month to "manage" the war

Ukrainian authorities have to spend up to $5-6 billion a month to "manage this war," said the head of the United States Agency for International Development (USAID) Samantha Power on Tuesday, June 21

Power made the remarks during the public talk show The Way Forward, where she was answering questions from World Bank Group President David Malpass, Deutsche Welle reports.

Power said the cost was "staggering" and even the $7.5 billion that the U.S. administration was preparing to provide in aid to Ukraine will not be enough to cover the cost of the war.

She said that more direct budgetary support will be needed going forward.

According to a report from The Guardian, Ukraine’s army said it launched airstrikes on Zmiinyi Island, also known as Snake Island, causing “significant losses” to Russian forces. The military’s southern operational command said it had undertaken “aimed strikes with the use of various forces” and the military operation was continuing.