Ukraine will have access to $300B of Russian money to rebuild the country.

Thursday, March 17, 2022
Ukraine will have access to $300B of Russian money to rebuild the country.

Nearly $300B in funds from the Central Bank of the Russian Federation, which are in accounts outside Russia, have already been reserved for Ukraine, stated an Economic Adviser to President Zelensky, Oleh Ustenko. “There are $300B that have already been set aside for us, the funds from the Central Bank of Russia in accounts outside of Russia that were seized and reserved for us. This money will come in addition to the fund that will come from the seized property of the so-called Russian elite…which will later be sold on the market,” Ustenko said. According to the Prime Minister of Ukraine, Denys Shmyhal, Ukraine already needs $500B to repair the damage from the Russian aggression.

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