ASSISTANT SECRETARY BRENT NEIMAN ON THE ECONOMIC FRONT IN UKRAINE - Even as fighting on the battlefield continues, Ukraine’s economy has demonstrated remarkable resilience, adapting to wartime pressures with significant support from the international community. The IMF, which recently approved $15.6 billion under an extended fund facility (EFF) arrangement for Ukraine, has played a pivotal role in stabilizing and supporting the Ukrainian economy. The US Government also recently committed to $7.8 billion in direct budget support for Ukraine which, like IMF support, comes with conditions directed at improving economic and political governance. The aim of these packages is to help Ukraine maintain financial and macroeconomic stability while also promoting reforms that will help Ukraine become a more transparent, competitive, well-governed member of the Euro-Atlantic community.

How can the United States bolster Ukraine’s macroeconomic resilience and reform agenda? What role will private investment and other forms of support play in Ukraine’s recovery and reconstruction? How does the United States view the IMF program in the context of an ongoing war? Assistant Secretary Neiman will join us for a special event on these critical issues and outline the US perspective on the way forward to support Ukraine’s recovery.

ORIGINAL AIRDATE: 06/04/2024