U.S calls for more economic support for Ukraine
U.S. Treasury Secretary Janet Yellen is
calling on allies to boost their economic support for Ukraine, saying the
support pledged so far will not be enough to meet the country’s basic needs.
In comments prepared for the Brussels
Economic Forum, Yellen says while Ukraine will eventually need “massive
support,” for now it needs “budget funding to pay soldiers, employees and
pensioners, as well as to operate an economy that meets its citizens' basic
needs.”
Yellen adds that Ukraine’s “financing needs
are significant,” while crediting the bravery and ingenuity of the country’s
officials to keep its economy going.
Help could come Wednesday with the European
Union expected to propose a set of loans that would help Ukraine both with
short-term financing and its rebuilding effort in the longterm.
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