Frozen Russian assets will not cover all of Ukraine’s needs, - Pyshnyi
The head of the National Bank noted that Ukraine considers the amount of frozen Russian assets as a source of covering damage caused by aggression.
The damage as a result of the actions of the Russian occupiers in Ukraine has already amounted to about $500 billion, and the frozen assets of the Russian Federation will not cover all the needs for restoration. This was stated by Andriy Pyshnyi, head of the National Bank of Ukraine, in an interview with We-Ukraine.
The frozen assets of the Russian Federation are not only Ukraine’s ability to resist. According to him, this is a matter of justice and compensation for the damage caused.
“The amount of frozen assets is somewhere around $300 billion,” explained Andriy Pyshnyi.
The head of the National Bank noted that Ukraine considers this amount as a source of covering damage caused by Russian aggression. A quick assessment by World Bank experts as of the end of 2023 pegged the damage at nearly $500 billion.
“This amount is not even enough to cover the damage caused,” he emphasized.
The head of the National Bank added that this could be a source of appropriate funds that Ukraine will need for both resistance and compensation. Currently, discussions continue in political and financial environments around this topic.
02 May 2024 ã., 20:22
