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US Provides Extra USD 6.2 Billion to Ukraine as Military Aid Due to Accounting Error, Admits Pentagon

The United States ended up giving extra USD 6.2 billion as military aid to Ukraine due to an accounting error, the Pentagon has admitted.

US Provides Extra USD 6.2 Billion to Ukraine as Military Aid Due to Accounting Error, Admits Pentagon

An accounting error that was discovered last month was substantially larger than previously reported, according to the Pentagon, and the aid given to Ukraine was overvalued by USD 6.2 billion rather than USD 3 billion. According to deputy Pentagon press secretary Sabrina Singh, the accounting error affects the fiscal years 2022 and 2023 and happened because "in a significant number of cases," when the US transferred weaponry, military officials counted the value of replacing the weapon instead of the value of the actual weapon.Β Joe Biden in Ukraine: 'America and World Stand With Ukrainians, Kyiv Has Captured Part of My Heart', Says US President.

US GivesΒ Extra USD 6.2 Billion to Ukraine Due to Accounting Error:

(The above story first appeared on LatestLY on Jun 21, 2023 09:01 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).