Ukraine expects $100B confiscated Russian assets in 5-7 years

Ukraine expects $100B confiscated Russian assets in 5-7 years

The Office of the President of Ukraine has stated that Ukraine is expecting to receive $100 billion of confiscated russian assets in the next 5-7 years.

The authorities are currently developing mechanisms to confiscate Russian assets, which may include real estate and business objects owned by state-owned companies and oligarchs under sanctions.

This move is aimed at compensating Ukraine for the damage caused by Russian military operation in the country.

The process of confiscating Russian assets is expected to be a challenging one, but it could provide war-torn Ukraine with financial resources to rebuild and develop its economy in the aftermath of the Ukraine-Russia conflict.

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