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Disbursement of $4.5 bln in U.S. aid for Ukraine to begin in coming weeks, Yellen says

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2022-11-22T15:40:24Z

US Treasury Secretary Janet Yellen attends the G20 Finance and Health Ministers meeting in Nusa Dua, Bali, Indonesia, November 12, 2022. Made Nagi/Pool via REUTERS/File Photo

Disbursement of $4.5 billion in economic aid for Ukraine will begin in the coming weeks, U.S. Treasury Secretary Janet Yellen said on Tuesday.

The funds, which were approved in September as part of the stop-gap government funding bill, were aimed at “bolstering economic stability and supporting core government services,” Yellen said in a statement, adding that other donors should increase and accelerate their assistance to Ukraine as it defends against Russia’s invasion.