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Cabinet of Ministers approved Japan’s agreement of $ 3 billion

Photo: Keeping the Ministers Cabinet

The money will be given revenue from frozen Russian properties and aimed at priority budget expenditure, the restoration and development of Ukraine.

The Cabinet of Ministers approved an agreement with Japan, which would allow nearly $ 3 billion as part of the initiative of the extraordinary Revenue Acceleration (ERA). This was announced by Prime Minister Denis Shmygal on Telegram on Friday, May 2.

He remembered that these funds would be given profits from frozen Russian properties and aimed at priority budget expenditures, the restoration and development of Ukraine.

“We appreciate partners from G7 and EU for creating a tool that forces Russia to pay for the damage. We hope that all frozen aggression owners will confiscate and aim to restore Ukraine,” he added.

Keep in mind that in general, the initiative of the G7 countries provides for the allocation of $ 50 billion, of which the European Union will provide $ 20 billion.

Earlier in April, Ukraine received the third tranche from the EU, worth 1 billion euros.

West investors will receive billions -billions from the Russian Federation – Media

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Source: korrespondent

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