Yellen visits Ukraine, underscores US economic support
U.S. Treasury Secretary Janet Yellen says her first visit to Ukraine underscores Washington's commitment to continuing its economic support for the country
By HANNA ARHIROVA
Published - Feb 27, 2023, 12:54 PM ET
Last Updated - Jun 22, 2023, 07:21 PM EDT
KYIV, Ukraine (AP) — U.S. Treasury Secretary Janet Yellen said Monday her first visit to Ukraine underscored Washington's commitment to continuing its economic support for the country, as the din of air raid sirens echoed across the Ukrainian capital.
Shmyhal offered thanks to the U.S. for its support and hailed Yellen as a "friend of Ukraine.” He said Ukraine's budget deficit now stands at $38 billion and that the U.S. will provide another $10 billion in assistance by September.
Shmyhal and Yellen also discussed sanctions aimed at weakening Russia's economy as well as the possibility of using Russian frozen assets to help in Ukraine's economic recovery.
