USA Funds OECD Work in Ukraine

by Meifan Honcharuk
Wednesday, June 14, 2023
USA Funds OECD Work in Ukraine

The state allocates $437.000 for the OECD's monitoring of the Ukrainian economy, the introduction of reformation and reconstruction

On June 9, the United States embassy in Ukraine published a statement by the US deputy secretary of state for economic growth, energy and environment, Jose Fernandez, regarding support for Ukraine's economy.

At the meeting of the Council of ministers of the Organisation for Economic Co-operation and Development in 2023 in Paris, Jose Fernandez emphasised that the USA allocates $437.000 for the implementation of the OECD program on the reformation, restoration and reconstruction of Ukraine.

"The US contribution will fund a study of Ukraine's economy to identify gaps and prioritize reforms needed to ensure broader recovery efforts," the embassy.

So far, the USA has already provided Ukraine with $19.25 billion to reduce the budgetary burden on the social sphere of life: paying salaries and pensions and supporting the functioning of medical care institutions. The United States and the OECD intend to keep expanding cooperation to help our country.

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