$300bn of Russian money already reserved for Ukraine - Zelensky adviser

16 March 2022, 11:51 | Economy
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300 billion dollars of the Central Bank of the Russian Federation has already been reserved for Ukraine.

Oleg Ustenko, adviser to President Volodymyr Zelensky, said this during a telethon, quoted by Ukrinform..

" These are funds that will additionally go to the fund, which will come from the seized property of the Russian so-called elite..

, which will continue to be sold on the market,"

As part of this property, so-called debt obligations, bonds will be issued..

Ustenko noted that if, for example, we are talking about the Chelsea football club, the rights to which are arrested, then we can not sell it now. Instead, you can issue securities, bonds - buy them, and then sell this club and return the funds in bonds. Cash from the sold bonds will go to the fund, which is being formed to restore Ukraine.




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