A look at what's in $95 billion foreign aid package passed by US Congress | World News - Hindustan Times
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A look at what's in $95 billion foreign aid package passed by US Congress

AP |
Apr 24, 2024 08:44 AM IST

President Joe Biden has promised to sign the package Wednesday.

A look at what's in the $95 billion package passed by the Senate on Tuesday that will provide military aid to Ukraine and Israel, replenish US weapons systems and give humanitarian assistance to civilians in Gaza.

The US Senate voteed on the final foreign aid package of $95 billion in total military assistance to US allies. (AFP)
The US Senate voteed on the final foreign aid package of $95 billion in total military assistance to US allies. (AFP)

President Joe Biden has promised to sign the package Wednesday.

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The broad spending breakdown:

— About $61 billion for Ukraine and replenishing U.S. weapons stockpiles. The overall amount provided to Ukraine for the purchase of weapons would be $13.8 billion. Ukraine would receive more than $9 billion of economic assistance in the form of “forgivable loans.”

— About $26 billion for supporting Israel and providing humanitarian relief for people in Gaza. About $4 billion of that would be dedicated to replenishing Israel’s missile defense systems. More than $9 billion of the total would go toward humanitarian assistance in Gaza amid the Israel-Hamas war.

— About $8 billion for helping U.S. allies in the Indo-Pacific region and countering China. More than $3.3 billion would go toward submarine infrastructure and development, with an additional $1.9 billion to replenish U.S. weapons provided to Taiwan and other regional allies.

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