Ukraine plans to strengthen economic pressure on Russia - Shmyhal.

Ukraine strengthens economic pressure on Russia
Ukraine strengthens economic pressure on Russia

After the visit of the Ukrainian delegation to the USA at the spring meeting of the World Bank and the International Monetary Fund, the Prime Minister of Ukraine Denys Shmyhal reported that Ukraine has already received confirmed revenues of 50 billion dollars from frozen Russian assets.

This money will be used to finance budget needs, including military expenses and the rapid recovery of the country. The government also proposes to introduce a special tariff on the import of Russian goods, and the proceeds from it will be directed to the Ukrainian recovery fund. This economic reparations mechanism allows action independently of political changes in Russia, Shmyhal noted. He also emphasized that sanctions are an important means of pressure on the aggressor and they need to be maintained, as Russia is constantly trying to weaken these restrictions.


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