Treasury Secretary Janet Yellen held a press conference at the Treasury Department ahead of the 2023 IMF/World Bank Spring Meetings on Tuesday, April 12.
She reiterated that the U.S. would stand with Ukraine for as long as it takes.
Here’s the transcript:
The United States is proud to be part of a broad coalition that is supporting Ukraine in its darkest hour.
I'm particularly urged by the executive board's approval of the IMF's reform program for Ukraine. This program will contribute to international efforts to meet Ukraine's economic needs, and it will underpin President Zelensky's good governance and anti-corruption reform efforts.
The program will also lay the foundation for Ukraine's longer-term reconstruction. As President Biden has said, the United States will stand with Ukraine for as long as it takes. I'm encouraged that the IMF multilateral development banks and our partners are also standing with Ukraine in its time of need.
Lastly, it's important to note that we are at an important point of transition for the World Bank. Six months ago, I issued an urgent call for an evolution of the multilateral development bank system in the 21st century.