KYIV: USA is adding $1B to its existing transfer of 1 Billion. Ukraine It fights against Russia’s invasion. US Treasury Secretary Janet Yellen Monday
A trip to Kyiv These are the following US Surprise visit by President Joe Biden last week Yellen Meeting with the President Volodymyr Zelensky was made public and the transfer of “an additional amount of over $1.2 billion” To the Ukrainian government
This is the first tranche worth approximately $10 billion. US We will be there in In the months ahead, she stated in An address in Kyiv.
“Our economic support is helping keep the Ukrainian government and critical service providers operational under extraordinary circumstances,” This includes by paying teachers, firefighters, and civil servants.
United States UkraineOver the last year, he has been a key military and financial backer. Kyiv With nearly 50 billion in assistance.
His meeting with Yellen, Zelensky Washington was thanked “powerfully supporting us since the first days of this war not only with weapons, but also on the financial front”.
Ukraine For years, the country has been plagued by endemic graft. Allies and supporters have tried to push for continued progress. sending Financial assistance and arms
She spoke in her speech Yellen The importance of governance was stressed, stating that “transparency and accountability will become even more important as Ukraine rebuilds its infrastructure and recovers from the impacts of the war”.
Yellen Washington also said that he would press for “more action” From allies like the International Monetary Fund, whose managing Director Kristalina Georgieva Visited Kyiv This week.
“We expect to see the IMF move speedily toward establishing an ambitious and fully financed program,” Yellen said.
Washington also stated that it would be focused on disrupting Russia’s efforts to avoid Western sanctions this year.
“We will improve coordination with our allies,” Yellen said. “The United States will not hesitate to use our authorities to disrupt entities that help the Kremlin evade our sanctions.”
UkraineRussia has attempted to block its allies from using sanctions to stop it from buying weapons or producing them by using import components.