Ukraine should not be allowed to lose the war due to lack of money, - U.S. Treasury Secretary Janet Yellen
U.S. Secretary of the Treasury Janet Yellen said that Ukraine is completely dependent on the assistance provided by its partners, including the United States. She noted that our country should not be allowed to lose the war against Russia because it lacked money.
Yellen said this on CNBC. The official was answering a question about the prospects for Congress to approve a $106 billion funding request submitted by U.S. President Joe Biden, which includes assistance to Ukraine.
According to Yellen, she cannot predict how quickly the congressmen will approve this aid, but she hopes it will happen. She emphasized that it is important for the United States to help both Ukraine and Israel.
"It is extremely important that this assistance be provided to Ukraine and Israel. We cannot allow Ukraine to lose the battle on the home front because it did not have enough money to pay for teachers or emergency services while it is fighting bravely on the battlefield," the minister emphasized.
Approval of this request is critical for President Biden and for U.S. national security, she said.
"We need to join others, as our European friends are providing Ukraine with 50 billion euros of assistance over the next four years. The IMF has allocated more than 15 billion. They need us to do our part to make it a complete aid package. And, of course, Israel also urgently needs help. And this aid is crucial to America's national security. If Putin were to win this brutal war in Ukraine, we could see him attacking our NATO ally. We have to stop that," Yellen explained.
As reported by OBOZ.UA:
- U.S. Senator Jeanne Shaheen said that the U.S. Congress will eventually approve a new aid package for Ukraine, but the path to this may be difficult. The democratic process of making this decision may be "chaotic".
- According to media reports, Congressional leaders hope to agree on an additional package to help Ukraine and Israel by the end of the year.