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4/15/2024

READOUT: Under Secretary for International Affairs Jay Shambaugh Meets with Minister of Finance Sergii Marchenko of…

READOUT: Under Secretary for International Affairs Jay
Shambaugh Meets with Minister of Finance Sergii Marchenko of
Ukraine
April 15, 2024

WASHINGTON — On Monday, Under Secretary for International A airs Jay Shambaugh met
with Ukraineʼs Minister of Finance Sergii Marchenko on the margins of the IMF-World Bank
Spring Meetings. Under Secretary Shambaugh emphasized the United Statesʼs commitment to
support Ukraine in its fight to preserve its freedom, sovereignty, and territorial integrity. He
provided the Minister an update on the Administrationʼs push for Congress to pass bipartisan
legislation to provide vital military assistance, as well as direct budget support for
Ukraine conditioned on continued progress by Ukraine on its reform agenda. The Under
Secretary commended Ukraineʼs performance under its IMF program, including the recently
approved third review. The Under Secretary also discussed ways to unlock the value of
immobilized Russian sovereign assets to support Ukraineʼs continued resistance and longterm reconstruction.
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https://home.treasury.gov/news/press-releases/jy2252

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