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9/10/2022

READOUT: Secretary of the Treasury Janet L. Yellen’s Virtual Meeting with Ukraine Prime Minister Denys Shmyhal | U.S…

U.S. DEPARTMENT OF THE TREASURY
READOUT: Secretary of the Treasury Janet L. Yellen’s Virtual
Meeting with Ukraine Prime Minister Denys Shmyhal
September 9, 2022

WASHINGTON – Today, Secretary of the Treasury Janet L. Yellen held a virtual meeting with
Ukraine Prime Minister Denys Shmyhal. Secretary Yellen rea irmed the United Statesʼ
solidarity with the government and people of Ukraine in the face of Putinʼs unprovoked and
unjustified war. Secretary Yellen discussed the need for Ukraineʼs partners to deliver
expeditiously on economic assistance for Ukraine. As one of the largest bilateral donors, the
United States is providing grants to Ukraine that will add up to $8.5 billion by end-September.
The Biden Administration is also requesting an additional $4.5 billion from Congress for
Ukraineʼs critical needs in the coming months. The United States supports Ukraine as it
develops a macroeconomic reform program supported by IMF financing. Secretary Yellen also
underscored the need for a broad coalition of partners to participate in Ukraineʼs recovery and
reconstruction and focus on identifying near-term, high-impact projects critical to rebuilding
Ukraineʼs economy. The Secretary outlined the next steps for implementation of the price cap
on Russian oil, to help put downward pressure on global energy prices and reduce the revenue
Putin is using to fund his illegal war.
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https://home.treasury.gov/news/press-releases/jy0944

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