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4/1/2023 Statement by Secretary of the Treasury Janet L. Yellen on the IMF’s Approval Of Ukraine’s Economic Program | U.S. De… U.S. DEPARTMENT OF THE TREASURY Statement by Secretary of the Treasury Janet L. Yellen on the IMF’s Approval Of Ukraine’s Economic Program March 31, 2023 Washington – Today, U.S. Secretary of the Treasury Janet L. Yellen released the following statement on the IMF Executive Boardʼs approval of Ukraineʼs economic program. “I welcome the IMF approval of a $15.6 billion economic program for Ukraine. I commend Ukraineʼs e orts to pursue broad-based structural reforms under the program despite Russiaʼs brutal and immoral war and strongly support the programʼs measures aimed at securing economic and financial stability. The programʼs policies and reforms will support economic growth, strengthen good governance and anti-corruption e orts, and set the foundation for longer-term reconstruction. The IMFʼs financial assistance is a critical component in the international communityʼs collective support to Ukraine and will supplement the economic assistance provided by the United States to fund essential services like schools, hospitals, and first responders, as well as the funding from our partners. I want to thank IMF sta for their tireless work and close engagement with the Ukrainian government, the United States, including our dedicated sta at Treasury and other partners of Ukraine in bringing this program to fruition. Iʼm also pleased that the group of o icial creditors to Ukraine, consisting of the United States, Canada, France, Germany, Japan, and the United Kingdom, have provided financing assurances to support Ukraineʼs debt sustainability under the IMF program. I call on all other o icial and private creditors to join this initiative to assist Ukraine as it defends itself from Russiaʼs unprovoked war. The United States will continue to stand by Ukraine and its people for as long as it takes.” Group of creditors of Ukraine provides financing assurances to support the IMFʼs approval of an upper credit tranche programme https://home.treasury.gov/news/press-releases/jy1380 1/1
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