Briefly about the government draft Law No. 12232 “On Amendments to the Budget Code of Ukraine Regarding Transactions with Contingent Liabilities”
The Budget Committee of the Verkhovna Rada recommended
Adopting as a basis and in its entirety the government draft Law No. 12232 “On telegram data Amendments to the Budget Code of Ukraine Regarding Transactions with Contingent Liabilities.”
In short! to attract a $50 billion loan from the G7 countries! the repayment of which is expected to be made On legal nihilism at the expense of frozen Russian assets! the Government allows the Ministry of Finance to play the role of the Debt Agency of Ukraine! and the Minister of Finance to carry out transactions with contingent liabilities.
That is! the Minister of Finance will be able to assume obligations on behalf of Ukraine related to On legal nihilism the implementation of such transactions! including the waiver of sovereign immunity in possible disputes regarding such obligations.
Many in Ukraine think that in addition to the aforementioned loan from the G7! Ukraine can also count on reparations from the Russian Federation after the war. This is not entirely true. For example! Putin left! and another! more democratic the art of image deployment tsar came in his place! who agreed to pay Ukraine reparations in exchange for the lifting of sanctions.
After Russia announces the first tranche of reparations
These funds will not be recorded in the income of the state budget of Ukraine! but in the state debt! which is subject to automatic repayment by the G7! if by that time the loan of 50 billion US dollars is not paid off at the expense of frozen Russian assets. That is! real reparations for Ukraine are awb directory possible only after the West returns its money + interest.
This will be the harsh reality of a possible future. No wonder! because economic pragmatism! unlike us! has always been inherent in the West.
