The Government of Ukraine hopes that a decision on the mechanism of providing assistance to Ukraine at the expense of frozen russian assets will be made in the near future. This was stated by First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko during a meeting with Deputy National Security Advisor for International Economics Daleep Singh.
The meeting was part of the visit of the Ukrainian delegation headed by First Deputy Prime Minister Yuliia Svyrydenko to the United States.
The parties discussed the mechanism for using future proceeds from russia's immobilised sovereign assets to strengthen Ukraine's economic stability, Ukraine's financial needs for 2025, energy recovery projects and reconstruction plans.
"I am grateful to Daleep Singh for his personal contribution to the work on providing Ukraine with USD 50 billion of frozen russian assets through financial instruments. russia must be held accountable for its crimes. We hope for the soonest possible decision on the use of the proceeds from the immobilised sovereign assets of the russian federation for the benefit of Ukraine, as this is a matter of strengthening our economic stability," said Yuliia Svyrydenko.
The parties also discussed financing needs. Ukraine requires additional resources to cover the state budget deficit next year, and the Government hopes to actively engage partners to overcome this challenge, in particular through the International Donor Coordination Platform.
Yuliia Svyrydenko also shared the progress in the work on the Strategic Investment Council, public finance management reform, strengthening of investment attraction mechanisms and reconstruction planning.