Ukraine develops plan to use $50 billion from frozen Russian assets.

The Ministry of Finance of Ukraine is developing a strategy for the effective distribution of $50 billion, which is expected to be received by 2025 from international partners through revenues from frozen Russian assets.

This was announced by Finance Minister Serhiy Marchenko during the forum "Dialogues with NV about the future. Business and war".

According to Marchenko, the main task is to stretch these funds over at least a three-year perspective, given their one-off nature.

"There are mutually exclusive tasks: how to find funds for recovery, how to stretch these limited funds, 50 billion, which is a one-Time action – they cannot be repeated again – over a three-year perspective at least," the minister noted.

The draft state budget for 2025 provides for external financing in the amount of $38.4 billion. Marchenko emphasized that this amount is not guaranteed and depends on Ukraine implementing the necessary reforms.

"We currently have a need for $38 billion, and in 2026 there will be no miracle that everything will balance out there, even if we theoretically think about it," he added.

The minister also recalled the statement by the European Union about the allocation of 35 billion euros to Ukraine within the G7 mechanism regarding the use of revenues from frozen Russian assets. However, he noted that even more work will be required to implement these political commitments.

Earlier it became known what hinders the transfer of frozen Russian assets to Ukraine.