Sergii Marchenko Met with Administrator of USAID

Minister of Finance of Ukraine Sergii Marchenko and Deputy Minister of Finance of Ukraine Olga Zykova met with Administrator of the United States Agency for International Development (USAID) Samantha Power during a working visit to Washington D.C.

The parties discussed the current financial and economic situation in Ukraine and the possibility of increasing financial support from international financial organizations and donor countries.

“We are grateful to the United States Agency for International Development for helping the Ukrainian people. Since 1992, USAID has been successfully implementing a number of projects in Ukraine, particularly, in the private sector, in the fields of energy, agriculture, and health care. The Agency`s support is a driver for the Ukrainian economy, which is especially important for us in the conditions of a full-scale war,” said Sergii Marchenko.

Since the beginning of the full-scale invasion of russia on the territory of Ukraine, the Government of the United States of America, with the participation of USAID, provided the Government of Ukraine with direct budget support in the total amount of USD 8.5 billion.

Additional Information

On September 23 of this year, Minister of Finance of Ukraine Sergii Marchenko, USAID Mission Director in Ukraine James Hope and Chief of Party of the USAID State-Owned Enterprise Reform Agency (SOERA) Craig R. VanDevelde signed a Memorandum of Understanding on the cooperation development between the United States Agency for International Development (USAID), the Ministry of Finance of Ukraine and Deloitte Consulting. The Memorandum envisages tripartite cooperation to optimize and strengthen the existing systems of the Government of Ukraine regarding monitoring, transparency, verification, and reporting, which are used to manage all direct budget support funds from the U.S. Government.