In Russia, billions will be taken in 2024: how many Ukraine will receive from the assets of the Russian Federation

According to Deputy Minister of Justice Irina Wise, Ukraine can receive $ 15-18 billion for four years, but this requires a certain procedure. In 2024, the Ukrainian government expects that international partners will transfer four billion dollars from G7 and the European Union of Russian Assets. Deputy Minister of Justice Irina Wise said this in an interview with Forbes. According to her, Ukraine can receive $ 15-18 billion for four years, including about four billion dollars this year.

There are several stages to go to this: "Negotiations have already taken place with representatives of Belgium, which is now presiding the EU Council. There is restrained optimism that the EU Council will make a decision by the end of June 2024. If this happens, Ukraine owns interest from assets, which were redeemed in 2024, ”she said. Also, according to the Deputy Head of the Ministry of Justice, negotiations on the transfer of already accrued interest for 2022-2023 are underway.

All funds are concentrated in Belgium, and in 2022 they were imposed 25% of the tax (about € 1. 7 billion). The Belgian government now supports financially Ukrainian refugees. At the same time, the funds for 2023 have not yet been taxed, but negotiations are under 100%tax for them and then transferred to Ukraine. It is 4. 4 billion euros. The decision to transfer these funds can be made by the Belgium government.

"Our fundamental position is that it would be additional funding, not part of the aid already agreed with the European Union. Most likely, international partners will not agree to use these funds to the defense sector. They will go to the budget deficit, social payments, restoration projects, etc. " Irina Wise emphasized.