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READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Minister of Economy and Finance Giancarlo Giorgetti of Italy

SÃO PAULO – Today, Secretary of the Treasury Janet L. Yellen met with Italy’s Minister of Economy and Finance Giancarlo Giorgetti on the sidelines of the G20 Finance Ministers and Central Bank Governors meeting in São Paulo, Brazil. During their meeting, Secretary Yellen and Minister Giorgetti exchanged views on priorities during Italy’s G7 presidency.  Secretary Yellen also discussed shared efforts to support Ukraine in its defense against Putin’s brutal invasion and deprive Russia of its ability to wage war.  Secretary Yellen congratulated Italy and the rest of the EU for the passage of the EU’s four-year €50 billion Ukraine Facility. Secretary Yellen reiterated the Administration’s ongoing efforts to secure direct budget support in FY 2024 as part of the national security supplemental request before Congress and underscored the importance of Congress acting on financial support for Ukraine as quickly as possible.  

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