US sees no signs of misuse of American funds in Ukraine

The United States has no evidence that US funds are being misused in Ukraine, but will continue to work closely with the Ukrainian authorities to ensure appropriate safeguards are in place to prevent corruption.

This is stated in the US Treasury Department’s response to a query from the news agency Reuters, which is quoted by European Pravda.

"We have no indications that US funds have been misused in Ukraine. We welcome the ongoing efforts of the Ukrainian authorities to work with us to ensure appropriate safeguards are in place that US assistance reaches those for whom it is intended," reads the comment by Megan Apper, a spokeswoman for the Department.

She added that the US Treasury would continue to work closely with the World Bank, as well as with Ukraine and other partners, to track US funds "to confirm that they are being used as intended".

Reuters notes that as of December 2022, the World Bank has allocated more than US$13 billion to Ukraine within the framework of the Public Expenditures for Administrative Capacity Endurance (PEACE) program in Ukraine, a large part of which came from the United States.

Funds from the PEACE program are paid to the Ukrainian authorities a month after World Bank employees are satisfied that they have paid teachers' and civil servants' salaries and pensions.

It was recently reported that the US has established an institution for monitoring and investigating the illegal actions of fraudsters and corrupt officials that are making use of the American people’s aid to Ukraine during Russia’s full-scale invasion.

Last week, Victoria Nuland, US Under Secretary of State for Political Affairs, announced that auditors are in Kyiv to ensure accountability for US military and financial aid.

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