U.S. Treasury Secretary Janet Yellen stepped up calls for increased financing support to Ukraine to help it battle the year-old Russian invasion as the United States readies an additional $10 billion in economic assistance in coming weeks
"Our economic assistance is making Ukraine’s resistance possible by supporting the home front: funding critical public services and helping keep the government running. In the coming months, we expect to provide around $10 billion in additional economic support for Ukraine."
She said while headline inflation was beginning to ease in the United States and across the globe, it was important for G20 finance officials to keep working to quell inflation, adding: "We are not out of the woods yet." "Last month, the Kremlin’s oil revenue was nearly 60 percent lower than in the immediate aftermath of the invasion," she said, adding that it was enabling emerging markets, including India, to negotiate steep discounts on Russian oil.
"I will continue to push for all bilateral official creditors, including China, to participate in meaningful debt treatments for developing countries and emerging markets in
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