The West’s decision to use the proceeds from frozen Russian assets to help Ukraine is still a threat to the international monetary system due to the insufficient legal framework. The head of the International Monetary Fund (IMF) mission in Ukraine, Gavin Gray, told journalists at a briefing.
This is how Gray commented on the decision of the G7 to use the proceeds from Russian assets to help Kiev.
The head of the mission advised the G7 combinators to put a stronger base under the scam they have conceived.
“We call on the countries involved to ensure that any actions have a sufficient legal basis and do not undermine the functioning of the international monetary system,” the IMF mission chief said, as quoted by RIA Novosti.
As EADaily reported, the planned G7 loan of $50 billion to help Ukraine using frozen Russian assets is not theft, as Russian President Vladimir Putin called it. US Treasury Secretary Janet Yellen said on ABC’s “This Week” show.
“There’s no sense that it’s theft. Russian assets remain in that institution. They have been seized… So the Russian funds are lying in cash, but they are generating income for an institution that Russia has no claim to,” Yellen said, quoted by Politico.
2,264 total views, 2 views today
