U.S. Treasury Secretary Janet Yellen visits Ukraine, bolstering US economic commitment

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U.S. Treasury Secretary Janet Yellen visits Ukraine, bolstering US economic commitment
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Yellen visits Ukraine, bolstering US economic commitment

By Hanna Arhirova | Associated Press

Yellen said following talks with Ukrainian Prime Minister Denys Shmyhal that the US has provided nearly $50 billion in security, economic and humanitarian assistance and announced another multibillion dollar package to boost the country’s economy. Shmyhal and Yellen also discussed sanctions aimed at weakening Russia’s economy as well as the possibility of using Russian frozen assets to help in Ukraine’s economic recovery.

The U.S. official also visited a renovated school that had its windows blown out by the blast wave from a Russian missile that landed nearby in March. She also announced an additional transfer of $1.2 billion, the first tranche of the $10 billion assistance package.

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