economic assistance

The shift in the sources of migration to the U.S. came after Harris helped secure new economic assistance for the Americas.

The Basic Income Guaranteed: Los Angeles Economic Assistance Pilot, or BIG:LEAP, disbursed $38.4 million in city funds to 3,200 residents who were pregnant or had at least one child, lived at or below the federal poverty level and experienced hardship related to COVID-19.

The United States and Europe are coalescing around a plan to use interest earned on frozen Russian central bank assets to provide Ukraine with a loan to be used for military and economic assistance, potentially providing the country with a multibillion-dollar lifeline as Russia’s war effort intensifies.

In a statement released after Blinken’s arrival, the State Department said he would meet with President Volodymyr Zelenskyy and other top Ukrainian officials “to discuss battlefield updates, the impact of new U.S. security and economic assistance, long-term security and other commitments, and ongoing work to bolster Ukraine’s economic recovery.”

Ukraine would receive more than $9 billion of economic assistance in the form of “forgivable loans.”