China News Agency, Washington, October 18 (Reporter Sha Hanting) The U.S. Treasury Department issued a statement on the 18th local time, saying that Treasury Secretary Yellen held an online meeting with Ukrainian Prime Minister Shmegar on the same day to discuss Ukraine's financial needs, the United States and Ukraine. Exchange of views on aid and other issues.
The statement said that Yellen reiterated to Shmegal the determination of the United States to firmly support Ukraine, and said that the United States is preparing for the $4.5 billion in aid to Ukraine that will be approved by Congress in the near future, when the total economic aid to Ukraine will reach $13 billion. .
Yellen also said the U.S. knew Ukraine would still need "significant financial support" next year to keep the government running and emergency recovery programs.
Yellen also stressed that cooperation among international allies will be "necessary" for Ukraine's reconstruction and recovery.
According to Reuters, Ukraine and the International Monetary Fund (IMF) officials are currently in Vienna, Austria, to discuss Ukraine's long-term macroeconomic development and fiscal needs.
The IMF executive board this month approved $1.3 billion in emergency financing for Ukraine.
At the IMF World Bank's autumn annual meeting last week, Ukrainian President Volodymyr Zelensky said at a virtual meeting that Ukraine needs at least $55 billion in the near future, including $38 billion to cover next year's budget gap and $17 billion Dollars are used to begin rebuilding core infrastructure such as schools, housing, energy facilities, and more.
The World Bank estimated in a recent report that rebuilding Ukraine will require at least $349 billion, equivalent to 1.5 times Ukraine's total economic output in 2021.
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