ukraine-will-be-able-not-to-return-g-50-billion-to-the-g7-if-it-does-not-receive-reparations-from-the-russian-federation-the-rada-adopted-a-law

Ukraine will be able not to return G 50 billion to the G7 if it does not receive reparations from the Russian Federation - the Rada adopted a law

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The Verkhovna Rada adopted a bill that provides that the powers of the debt agency of Ukraine will be exercised by the Ministry of Finance, which will allow obtaining a loan of 5 50 billion from the G7, and will also allow not to repay this loan if it does not receive reparations from the Russian Federation. About it writes UNN with reference to the people's deputy Yaroslav Zheleznyak and the card of the Bill No. 12232.

Details

"The Verkhovna Rada approved No. 12232 on amendments to the Budget code of Ukraine regarding transactions with conditional obligations. For immediately in general-271, " - said Zheleznyak.

The draft law gives the right to the debt agency (before its creation – the Ministry of Finance) to carry out transactions with conditional obligations under agreements with the EU, foreign states, MFIs, the return of funds for which will take place not at the expense of the state budget, but in particular at the expense of frozen assets of the Russian Federation.

"To put it simply, it is about 5 50 billion from the G7 that Ukraine will not repay this loan if it does not receive reparations from Russia. And the money will not be counted as public debt," Zheleznyak said.

recall

The G7 leaders agreed to provide Ukraine with 5 50 billion in loans through an extraordinary revenue acceleration mechanism. The funds will be serviced at the expense of immobilized Russian assets.

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