Russia Ukraine War 500 million US dollars financial help
Russia Ukraine War 500 million US dollars financial help
Russia Ukraine War 500 million US dollars financial help. US Treasury Secretary Janet Yellen holds a press conference at IMF World Bank. She said she is committed to working with their partners and allies and supporting Ukraine’s economic needs in the short term and the long term. She stated that she met the Prime Minister of Ukraine Denys Shmyhal. In the meeting, she shared the United States’ commitment to another 500 million US dollars for immediate funding to help Ukraine continue critical government operations such as salaries, pensions, and other social assistance programs necessary to avoid the worsening of the humanitarian situation in Ukraine. The needs of Ukraine are urgent and the US plans to deploy strict aid to Ukraine as soon as possible.
This financial assistance is essential to rebuilding Ukraine
Yellen said that they know this is only the beginning of what Ukraine will need to rebuild. The power of working together with the US partners has been essential in supporting Ukraine and in confronting Russia. Yellen believed that Russia’s war brought about the kind of swift and multilateral response not seen for decades. The tremendous blow in the Russian economy resulting from sanctions is only possible because of the breath of the global coalition. The US allies agreed to continue united efforts to maximize economic pressure on Russia.
