Drawdown meaning in finance verification#

Through this process, the United States is providing Ukraine vital military assistance to defend itself against Russia’s unprovoked and brutal aggression, which amounts to internationally condemned war crimes.

For Ukraine, the Secretary has exercised authority delegated by the President to direct thirty-seven drawdowns totaling approximately $21.1 billion in defense articles and services from the Department of Defense since August 2021, in response to Russia’s preparation to launch the Februfull-scale invasion of Ukraine and continued war. The Department of State is also responsible for coordinating the implementation of the drawdown with the Department of Defense. After initial engagement with Congress, the Secretary requests the President’s authorization to notify Congress of the intent to exercise the drawdown authority under section 506(a)(1) of the FAA and seeks delegated authority from the President to make the necessary determinations and to direct the drawdown. Such assistance can begin arriving within days-or even hours-of approval.Ĭonsistent with his overall responsibilities for the direction and coordination of foreign assistance, the Secretary of State plays a central role in the initiation and coordination of these drawdowns. It allows for the speedy delivery of defense articles and services from Department of Defense stocks to foreign countries and international organizations to respond to unforeseen emergencies. The use of the Presidential Drawdown Authority to direct a drawdown to provide military assistance under section 506(a)(1) of the Foreign Assistance Act (FAA) is a valuable tool of U.S.

Under Secretary for Public Diplomacy and Public Affairs.

Bureau of South and Central Asian Affairs.

Bureau of International Organization Affairs.

Bureau of European and Eurasian Affairs.

Bureau of East Asian and Pacific Affairs.

Office of Management Strategy and Solutions.

Bureau of Overseas Buildings Operations.

Bureau of Information Resource Management.

Bureau of the Comptroller and Global Financial Services.

Office of the Science and Technology Adviser.

Bureau of Oceans and International Environmental and Scientific Affairs.

Bureau of Economic and Business Affairs.

Under Secretary for Economic Growth, Energy, and the Environment.

Economic Growth, Energy, and Environment.

Office to Monitor and Combat Trafficking in Persons.

Office of the Special Envoy To Monitor and Combat Antisemitism.

Office of International Religious Freedom.

Bureau of Population, Refugees, and Migration.

Bureau of International Narcotics and Law Enforcement Affairs.

Bureau of Democracy, Human Rights, and Labor.

Bureau of Conflict and Stabilization Operations.

Under Secretary for Civilian Security, Democracy, and Human Rights.Civilian Security, Democracy, and Human Rights.Bureau of International Security and Nonproliferation.

Drawdown meaning in finance verification#

Bureau of Arms Control, Verification and Compliance.

Under Secretary for Arms Control and International Security.

Arms Control and International Security.

Office of Small and Disadvantaged Business Utilization.

Deputy Secretary of State for Management and Resources.Bureau of Cyberspace and Digital Policy.Security Coordinator for Israel and the Palestinian Authority Special Representative for Syria Engagement.Special Presidential Envoy for Hostage Affairs.Special Presidential Coordinator for the Partnership for Global Infrastructure and Investment Global AIDS Coordinator and Global Health Diplomacy Office of the Special Envoy for Critical and Emerging Technology.