Ukraine demands autonomy in spending the reparations loan: key priorities.
According to inkorr.com: Ukraine demands full autonomy in the use of the 'reparations loan' formed from frozen Russian assets. This was stated by Deputy Head of the President's Office Iryna Mudra in an interview with Reuters.
According to her, the Ukrainian side hopes to gain access to the loan by the end of this year, which will allow them to prepare the budget forecast for 2026. The main requirement remains the right to independently determine spending priorities.
'Ukraine's position is that any conditions undermine the principle of fairness. Therefore, it is the victim, rather than donors or partners, that should determine how to meet their most urgent needs in defense, recovery, and compensation,' emphasized Mudra.
Priorities for the use of funds
Among the main areas of funding usage are the procurement of weapons, including from non-European manufacturers. 'We will insist on autonomy in decision-making regarding the allocation of resources for defense needs. If European countries do not have sufficient defense capabilities, we should have the ability to purchase them from non-European countries,' said the representative of the President's Office.
Part of the loan will be used to restore critical energy infrastructure and to pay compensation to those affected by Russian aggression. The European Council is set to announce on October 23 the provision of financial and military support to Ukraine for the years 2026-2027, taking into account the revenues from frozen Russian assets. However, the European Commission's proposals for allocating 140 billion euros have not yet received support in Belgium, where these assets are located.
Thus, Ukraine is steadfastly advocating for autonomy in the use of the 'reparations loan' from Russian property, planning to spend these funds on defense, restoring energy infrastructure, and compensating those affected by aggression, hoping for access to them by the end of the year.
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