Remarks by Secretary of the Treasury Janet L. Yellen at 5th Ukraine Ministerial Roundtable

As Prepared for Delivery I thank Prime Minister Shmyhal and Minister Marchenko for addressing this group. We condemn Russia’s unprovoked and horrific war, which has terrorized the Ukrainian people and caused massive economic damage. It has also led to devastating effects around the world, including food insecurity. Ukraine has shown valiant resilience, and its government has done remarkable work providing for its people and addressing barriers that have hindered sustainable growth in the past, including corruption and governance. Ukraine’s positive performance on its IMF program has been key for delivering macroeconomic stability and advancing reforms. We also appreciate the World Bank and the EBRD’s support for Ukraine both in the near term and in laying the foundation for recovery and reconstruction.