Poroshenko: Confiscated, “Yanukovych’s money” has increased the country’s foreign reserves

Enrollment in the budget $ 1.1 billion of the confiscated $ 1.5 billion “of money to ex-President Viktor Yanukovych” will strengthen the banking system and increase the country’s foreign reserves. This was stated by President of Ukraine Petro Poroshenko during a meeting with the head of the NBU Valeria Gontareva and Finance Minister Alexander Danyluk, reports a press-service of the head of state.

According to him, after transfer to the state budget of 1.1 billion confiscated “Yanukovych’s money”, gold and foreign currency reserves will rise to 18.4 billion dollars. He noted that in 2015, they amounted to only 5 billion.

“It strengthens the financial-banking system, adds to the stability of the national monetary unit. This will enhance the investment attractiveness of the Ukrainian economy”, – said Poroshenko.

The President noted that it now expects the following decisions by the court on the return of stolen state money.

We will remind, on April 28 the court of final appeal allowed the confiscation of the arrested $ 1.5 billionthat belonged to the ex-President of Ukraine Viktor Yanukovych.

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