Economics

Yellen Urges Marshall Plan for Ukraine to Meet Massive Need

Money pledged so far won’t meet short-term requirement: Yellen
US Treasury chief speaks on tour of Europe to attend G-7 meet

US Senate Advances $40 Billion Ukraine Aid Bill

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By Christopher Condon and Chris Anstey

May 17, 2022 at 9:15 AM UTC

Updated on

May 17, 2022 at 3:39 PM UTC

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US Treasury Secretary Janet Yellen issued a call for large-scale economic assistance to Ukraine, warning that the amounts of help pledged to date won’t even meet short-term needs as the nation struggles with the devastation wrought by Russia’s invasion.