During her visit to Kyiv, Yellen announced the transfer of the first $1.25 billion from the latest $9.9 billion tranche of economic and budget assistance from Washington. U.S. Treasury's Yellen makes surprise visit to Ukraine to push economic aid:
KYIV, Feb 27 - U.S. Treasury Secretary Janet Yellen swept into Kyiv on Monday on a surprise visit to reaffirm U.S. support for Ukraine in its struggle against Russia's invasion and promote U.S. economic aid that is bolstering Ukraine's war effort.
Shmyhal, speaking through an interpreter, said the two discussed further U.S. sanctions on Russia aimed at weakening its economy and military and "confiscating frozen Russian assets and putting them to the benefit of the recovery of Ukraine." In a private meeting with Zelenskiy late in the afternoon, the Treasury said she commended him "for his leadership and resolve in the face or Russia's illegal and unprovoked war."
On a chilly morning, Yellen laid a wreath at a memorial wall for Ukrainian soldiers killed in the war, saying: "I am witnessing first-hand the devastating toll of Putin’s brutal war." The latest funds are part of $45 billion in new military, economic and humanitarian approved by Congress in December as part of broad U.S. budget legislation.
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