The US government is set to start providing financial support of $4.5 billion to Ukraine soon and hopes that its allies would also intensify their economic assistance to Kyiv, Secretary of the Treasury Janet Yellen said at the start of her bilateral meeting with Ukrainian Finance Minister Sergey Marchenko, TASS reports.
The US Department of the Treasury quoted Yellen as saying that "two weeks ago, Congress passed $4.5 billion in direct budget support for Ukraine" and "the United States will begin to disburse to the Ukrainian government in the coming weeks."
"This brings the United States’ total economic assistance to Ukraine to $13 billion, all in grants," she added.
"We are calling on our partners and allies to join us by swiftly disbursing their existing commitments to Ukraine and by stepping up in doing more, both to help Ukraine continue its essential government services and to help Ukraine begin to build and recover," the US official went on.
Yellen also mentioned her willingness "to better understand the outlook for Ukraine’s economy, your financing needs for next year."
"We'll also discuss ways that the U.S. and our global coalition can continue to impose sanctions on Russia, its public finances, and its military industry," she said, adding that the US and its G7 allies will "build on that work with our price cap on Russian oil."
