Espreso. Global

Ukraine poised to secure triple funding from other donors pending US Congress aid approval — Pritzker

22 January, 2024 Monday
10:04

Penny Pritzker, Special Representative for Ukraine's Economic Recovery at the US Department of State, says that Kyiv will be able to attract much more funds from other donors if the US Congress approves funding for Ukraine

She wrote about this in a column for the Hill.

In particular, Pritzker called the US economic support for Ukraine a "force multiplier."

"Our support for Ukraine’s International Monetary Fund program generates additional support from donors around the world. Our $11.8 billion request from Congress will help unlock nearly three times that amount from other donors," the US special representative wrote.

She noted that the US support for the Ukrainian economy is no less important than security assistance, as the outcome of the war with Russia on the battlefield depends on its stability.

Pritzker emphasized that the Russians failed to break the Ukrainian Armed Forces on the frontline even in cold times, while the Russian leadership focused on destroying the Ukrainian economy.

"Putin has failed to break Ukraine’s brave military — even in winter. He has turned his efforts to breaking its economy to achieve what he cannot on the battlefield. The Kremlin is doing its best to sever Ukraine from global grain, steel, tech and energy markets," the official added.

She also noted that US economic assistance helps Ukrainians fight.

"They need our support for their 57,000 first responders, including firefighters who extinguish flames unleashed by Russian and Iranian weapons. And for their 517,000 doctors, nurses and healthcare workers who tend to veterans, wounded soldiers and children," Pritzker said.

  • On January 12, Penny Pritzker visited Ukraine for the second time, where she met with President Volodymyr Zelenskyy, Prime Minister Denys Shmyhal and representatives of the Verkhovna Rada. In particular, the US representative discussed further financial and military support from the United States.

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