According to the Minister of Finance of the country Serhiy Marchenko, the funds are required for the payment of pensions, salaries to workers in the field of health and education, as well as other humanitarian needs.
Kyiv is asking the U.S. administration for emergency economic assistance of at least $2 billion a month, saying that without these funds, the humanitarian crisis in Ukraine could worsen. The Washington Post writes about this with reference to the Ukrainian Finance Minister Serhiy Marchenko.
“We must fill this gap right now in order to attract the necessary funding and win this war,” the minister said in an interview with the publication. According to him, economic support is necessary so that the state can continue to pay pensions, salaries to health and education workers, as well as cover other humanitarian needs.
According to The Washington Post, during his visit to Washington, Marchenko stated at meetings with American officials that Kyiv needs international assistance in the amount of at least $5 billion a month to pay for its urgent expenses in April, May and June, of which $2 billion would come from the United States. In addition, an additional request is expected in the future regarding the longer-term needs for the reconstruction of the country.
At the end of last week, U.S. President Joe Biden announced that Washington would allocate an additional $500 million in economic assistance to Kyiv. The American leader clarified that these funds are provided to Kyiv to stabilize the economy, pay salaries and provide necessary services to the population.
President of Ukraine Volodymyr Zelenskiy said earlier that after the end of hostilities, his country will need financial support for hundreds of billions of dollars, and Ukrainian Prime Minister Denys Shmyhal estimated the amount of this potential support at $ 600 billion. Their statements were made during videoconference presentations at a round table organized by the World Bank (WB), which was also attended by WB President David Malpass and Managing Director of the International Monetary Fund Kristalina Georgieva.