US Treasury: Budget support for Ukraine depends on reforms
Kyiv • UNN
U.S. Treasury Secretary Janet Yellen said that budgetary assistance to Ukraine depends on reforms to increase the resilience of the economy. The US has provided a new tranche of $3.9 billion to stabilize Ukraine's domestic front.
Budgetary assistance to Ukraine from the United States continues to depend on reforms that should contribute to "further increasing the sustainability of Ukraine's economy," U.S. Treasury Secretary Janet Yellen said. This was reported by the Voice of America, according to UNN.
Our direct budgetary support to Ukraine continues to be contingent on reforms that will further enhance the resilience of Ukraine's economy and improve governance, and I am pleased with the unprecedented level of transparency and accountability that goes with this support,
Details
Yellen also said that the new tranche of direct budgetary assistance to Ukraine amounted to $3.9 billion, and this economic aid "will stabilize Ukraine's domestic front.
With all of Ukraine's tax revenues going to the war effort, support (for Ukraine - ed.) from the United States, our allies and partners is critical to equipping first responders, keeping hospitals and schools open, and supporting other important government functions,
Yellen also added that the U.S. Treasury Department will continue to use all tools to help Ukraine in its fight, including maintaining sanctions and working to unlock the value of Russia's frozen sovereign assets.
A successful Ukraine will demonstrate the resolve of the United States and our partners to defend democracy from authoritarian aggression, protect the global economy, and strengthen our collective national security,
