The US and its allies must pay Ukrainian wages and foot the bill for reconstruction, Treasury Secretary Janet Yellen declared
Treasury Secretary Janet Yellen called on Tuesday for the US’ allies to pay Ukrainian wages and rebuild infrastructure in the war-torn country. Deeming the billions of dollars already committed by the US and Europe insufficient to keep Ukraine afloat, Yellen declared that Kiev will eventually need “massive support” on the level of the post-WWII Marshall Plan.
With US lawmakers poised to approve a $40 billion package of military and economic aid to Ukraine and the US government agencies involved there, Yellen addressed the Brussels Economic Forum on Tuesday to persuade European leaders to open their wallets for Kiev.
“I sincerely ask all our partners to join us in increasing their financial support to Ukraine,” she said.
Ukraine needs budget funding to pay soldiers, employees and pensioners, as well as to…
