US: Another $10 billion in economic aid for Ukraine

At the same time, US Treasury Secretary Janet Yellen increased pressure on Russia: Together with its partners, the US would continue to impose further sanctions, she said at a press conference on Thursday on the sidelines of a meeting of finance ministers and the central bank. governors of the G20 countries in Bengaluru, India. “We are doing our best to strengthen our sanctions and make sure we act on sanctions violations,” she said.

The actions of the US and international partners are already having an effect, Yellen said. The Russian economy is becoming increasingly isolated. And there are also problems in the arms industry. Russia is struggling to replace military equipment it has lost since February 2022. Estimates also indicated that nearly a million Russians have left the country in the past year, she said.

The US is Ukraine’s main ally. According to Yellen, the United States has already provided more than $46 billion in security, economic and humanitarian aid to the country under attack by Russia.

The finance ministers of the G20 countries are meeting in Bengaluru these days to discuss the current state of the global economy and financial policy strategies. India is chairing this year’s G20 group of leading industrialized and emerging countries.

(SDA)

Source: Blick