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7/21/2022

Statement by Secretary of the Treasury Janet L. Yellen on Debt Service Relief by Group of Creditors of Ukraine | U.S. …

Statement by Secretary of the Treasury Janet L. Yellen on Debt
Service Relief by Group of Creditors of Ukraine
July 20, 2022

WASHINGTON — Today, the Group of Creditors of Ukraine, including the United States,
announced their intent to honor Ukraineʼs request for a coordinated suspension of debt
service through the end of 2023. A suspension of debt service will provide substantial support
for the Government and people of Ukraine in the face of Russiaʼs unjustified and unprovoked
war of aggression.
“I welcome this initiative of the group of o icial creditors to Ukraine, including the United
States, who stand ready to provide a debt service deferral to Ukraine,” said Secretary of the
Treasury Janet L. Yellen. “I reiterate the call to all other bilateral o icial and private creditors
to join this initiative and assist Ukraine as it defends itself from Russiaʼs unprovoked and
brutal war, which has had a devastating impact on Ukraineʼs people and economy, with
spillover e ects throughout the world.”
Read the Group of Creditors of Ukraine Statement made July 20, 2022.

https://home.treasury.gov/news/press-releases/jy0884

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