View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

8/20/2024

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s Call with Minister of Finance Sergii Marchenko of Ukrain…

An o icial website of the United States government
Here’s how you know

READOUT: Deputy Secretary of the Treasury Wally Adeyemo’s
Call with Minister of Finance Sergii Marchenko of Ukraine
August 20, 2024

WASHINGTON – Today, U.S. Deputy Secretary of the Treasury Wally Adeyemo held a virtual call
with Ukrainian Minister of Finance Sergii Marchenko. Deputy Secretary Adeyemo rea irmed
the Administrationʼs unwavering support for Ukraine in its fight to defend itself against
Russiaʼs illegal and unprovoked war and preserve its freedom, sovereignty, and territorial
integrity. The Deputy Secretary commended Ukraineʼs e orts to raise domestic revenues and
committed that the international community would continue to stand with them. The Deputy
Secretary and Minister discussed e orts by the United States and G7 partners to
operationalize the G7 Leadersʼ Apulia commitment to implement Extraordinary Revenue
Acceleration (ERA) Loans for Ukraine, including important work by the European Union and
the European Commission on the immobilization regime for Russian sovereign assets.
Unlocking the value of these assets would make available approximately $50 billion in
additional funding before the end of the year to support Ukraineʼs current and future needs.
The Deputy Secretary and Minister also discussed Ukraineʼs continued progress on reforms
that will further increase Ukraineʼs economic resilience and improve governance and the
recent disbursement of U.S. direct budget support for Ukraine.
###

https://home.treasury.gov/news/press-releases/jy2543

1/1