17:27 29.07.2024

Shmyhal, US Special Rep Pritzker discuss provision of income from frozen Russian assets

1 min read
Shmyhal, US Special Rep Pritzker discuss provision of income from frozen Russian assets
Photo: https://t.me/Denys_Smyhal/8163

Prime Minister Denys Shmyhal discussed with the U.S. Special Representative for Ukraine's Economic Recovery Penny Pritzker the provision of income from frozen assets of Russia to Ukraine.

"I thanked the United States for supporting the decision of the G7 countries to provide Ukraine with $50 billion from future revenues from frozen assets of the Russian Federation. We discussed the implementation of this initiative. It is important for us that funds are available to Ukraine as early as 2025 and it is possible to direct them to all critical needs, including the military," Shmyhal wrote on the Telegram channel.

The parties also discussed the work of the multi-donor coordination platform.

"Financing of budget expenditures, restoration projects and energy support remain priorities for us. Ukraine is grateful for the $7.85 billion in direct budget support that should come from the United States this year. We expect the first $3.9 billion in the coming weeks," he added.

In addition, Shmyhal noted that energy support is critically necessary for us today in order to restore what was destroyed by the enemy.

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