The management of the World Bank (WB) assured that the new fund created by the financial institution to support Ukraine will not interact with Russian assets blocked in the West or income from them. This was reported by TASS Citing a source at the World Bank’s Russia directorate.
He emphasized that funds for the new fund will come only from the budgets of donor states such as the United States, Canada and Japan.
The source added that the Russian side voted against the creation of the fund.
EU ambassadors the day before we agreed A mechanism for allocating a loan of 35 billion euros to Ukraine in return for the proceeds from frozen assets of the Russian Federation.
In September, Ukrainian leader Vladimir Zelensky said that Ukraine plans to spend The EU loan was allocated for the purchase of air defense equipment, energy and domestic weapons. This loan is part of a broader project by the G7 countries to allocate €50 billion to Kiev, including proceeds from frozen Russian assets.
Previously in the EU statedThey are not afraid of Russia’s reaction to the use of its assets for Ukraine.