The head of the US Treasury Department, Yellen, makes an unexpected visit to Ukraine to increase economic aid – #Treasury #Department #Yellen #unexpected #visit #Ukraine #increase #economic #aid
KYIV, February 27 (Reuters) – USAFinance Minister Janet Yellen in the fight against the Russian invasion USAto confirm the support of Ukraine and of Ukraine which boosted the war effort USAto Kiev unexpectedly on Monday to promote the economic assistance of trip did.
Yellen is a few days away from the second year of the war the president Vladimir Zelensky and other key government officials and repeated the promises made by US President Joe Biden in Kiev a week ago.
Yellen surrounded by sandbags in the Cabinet office of Ukraine Prime Minister Denis Shmykhala said, “As much as America needs of Ukraine will be with you,” he said.
Shmyhal, speaking through an interpreter, said that the two were US economic and military to weaken its power and “frozen Russia they discussed additional sanctions aimed at confiscating their assets and using them for the recovery of Ukraine.
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However, Yellen told reporters in a telephone briefing that she was frozen as a result of sanctions Russia 300 of the central bank billion full of dollar assets imprisonment there are still serious legal obstacles to its establishment.
Yellen also received economic and budgetary assistance from Washington, 9.9 billion the first 1.25 from the dollar tranche billion announced that the dollar was transferred.
In the afternoon Zelensky in a one-on-one meeting with the Treasury said it praised him “for his leadership and determination in the face of Russia’s illegal and unjustified war.”
The Treasury said it welcomes Zelensky’s actions to strengthen governance and fight corruption — measures needed to ensure that US economic aid is spent responsibly.
ON ARRIVAL WEATHER RAID SIREN
Yellen’s visit is more than Biden’s unannounced visit to Kiev and 500 million to Ukraine dollars addition military from promising aid and new sanctions against Russia, including from the United States Russia it comes a week after it effectively banned the import of aluminum.
As did Biden, Yellen’s staff tried to keep the trip secret until after she left Kiev, where she would “meet with advisers and staff,” the daily reported Monday.
Shortly before his arrival in the capital, the city weather attack sirens sounded as a warning of a possible attack, although they often turned out to be false alarms.
Yellen is at war on a cold morning perished laid a wreath in front of the wall erected in memory of the Ukrainian soldiers and said: “I am a witness of the devastating consequences of Putin’s merciless war.”
Yellen stopped to inspect a destroyed Russian tank and a mobile artillery installation in a town square cleared of visitors for security reasons. He refused to answer questions.
BUDGET SUPPORT
Yellen to Kiev on her way back to Washington from a meeting of G20 financial leaders in Bangalore, India trip where he called on his colleagues to increase economic aid to Ukraine and demanded that G20 ministers strongly condemn Russia’s invasion.
Since the start of the war, the United States has provided more than $13 billion in economic and budgetary support to Ukraine, and the latest payment will bring that amount to more than $14 billion, with an additional $8.65 billion by September 30. dollars will be expected.
The latest funds are new ones approved by Congress in December as part of broad U.S. budget legislation militaryeconomic and humanitarian is part of 45 billion dollars.
Yellen said that this kind of economic support Ukraine government and important public services, schools remain open and of pensions ensures payment and Ukraine provides a “base of stability” that strengthens its resistance.
No. 168, in which the salaries of teachers, administrators and support workers are paid from the support funds of the US budget Kyiv “A sustained military effort cannot succeed without an effective government at home,” Yellen said at the Obolon School.
“Crimea is ours” with the words “2+2=4” next to a sign at the school, which was damaged during Russia’s first attack on the capital last year.
“Maintaining an effective government is essential to Ukraine’s ability to respond to Russian attacks and other emergencies,” Yellen added.
40-57 billion this year to support the economy of Ukraine dollars It is estimated that it needs foreign financing, and $15.5 billion with the International Monetary Fund to partially fill the gap credit negotiates on the program.
Added by David Lawder report; Written by David Lawder; Edited by Mike Collett-White
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Bar Nickel
2023-02-27 21:02:25
Source – reuters
Translation“24 HOURS”