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3/2/2023 Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyha… U.S. DEPARTMENT OF THE TREASURY Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyhal February 27, 2023 As Prepared for Delivery Prime Minister Shmyhal, thank you for your warm welcome to Ukraine and for your leadership in the face of a brutal and unprovoked invasion. As we mark one year since the beginning of this full-scale invasion, the message I bring to you from President Biden is simple: America will stand with Ukraine for as long as it takes. From the early days of the war, we have been proud to support Ukraineʼs resistance as its largest bilateral donor. To date, the United States has provided close to $50 billion in security, economic, and humanitarian assistance to Ukraine. On this trip, I am particularly interested in discussing the economic assistance weʼve provided. The U.S. has provided over $14 billion in economic assistance. In the coming months, we will provide an additional over $8 billion in economic support. We know that this war hasnʼt just taken countless innocent Ukrainian lives. It has also served as a tremendous shock to the Ukrainian economy. Your steady hand and prudent economic management in the face of tremendous economic challenges has made a meaningful impact in helping stabilize Ukraineʼs economy. We both know that e ective military resistance on the front lines of this fight requires a functioning economy and government, and continued essential public services like education, hospitals, and emergency response. Thatʼs what our economic assistance has been focused on over the last year. We commend your ongoing focus on the importance of fighting corruption and President Zelenskyyʼs goal of strengthening accountability and good governance. And we believe that President Zelenskyyʼs commitment to make sure that international assistance is being used responsibly is essential. https://home.treasury.gov/news/press-releases/jy1307 1/2 3/2/2023 Remarks by Secretary of the Treasury Janet L. Yellen at Bilateral Meeting with Prime Minister of Ukraine Denys Shmyha… Looking ahead, we know that Ukraineʼs process of rebuilding its economy following its victory is critical to its long-term future. Thatʼs why weʼve been strong supporters of the Multi-agency Donor Coordination Platform for Ukraine. The U.S. will remain by your side at every step of the way. https://home.treasury.gov/news/press-releases/jy1307 2/2
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