USAID chief pledges $230 million in new aid for Ukraine's small businesses

United States Agency for International Development Administrator Samantha Power attends a press conference during visit to Ukraine, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 19, 2023. REUTERS/Alina Smutko

KYIV (Reuters) - U.S. Agency for International Development chief Samantha Power pledged $230 million in new funding on Wednesday to help Ukraine's small and medium-sized businesses and boost the economy, hit by the war.

Speaking at Mykhailivska Square at the heart of the capital Kyiv, she said that the aid package would include both technical assistance and also support to businesses that seek to grow and expand their operations.