28 Feb 2023 15:29

U.S. aid for Ukraine amounts to around $50 bln since Feb 2022 - Yellen

MOSCOW. Feb 28 (Interfax) - The security, economic, humanitarian, and social assistance that the United States has provided to Ukraine since the start of the crisis has amounted to about $50 billion, U.S. Secretary of the Treasury Janet Yellen said.

"From the early days [of the Ukraine crisis], we have been proud to support Ukraine's 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," Ukrainian media quoted Yellen as saying at a joint press briefing with Ukrainian Prime Minister Denis Shmygal in Kiev on Monday.

In particular the U.S. has provided over $14 billion in economic assistance to Ukraine and plans to provide an additional over $8 billion of the announced $9.9 billion in economic support in the coming months, she said.

"We commend your ongoing focus on the importance of fighting corruption and President Zelensky's goal of strengthening accountability and good governance. And we believe that President Zelensky's commitment to make sure that international assistance is being used responsibly is essential," Yellen said.

Shmygal said the U.S. was the leader among Ukraine's partners by the level of financial aid it provided in 2022.

This year, the U.S. has committed to provide over $10 billion in aid for Ukraine by September, and it has already launched this process, Shmygal said.

In addition, the U.S. has allocated $1.5 billion to accelerate Ukraine's recovery and $1.1 billion specifically for reconstructing the Ukrainian and Moldovan energy sector, he said.