The imposition of a full international embargo on oil and natural gas of Russia requested on Friday its finance minister Of Ukrainedue to its invasion of the country.
As Sergiy Marchenko stressed in a press conference held online, Kyiv finds it difficult to balance its budget after 10 weeks of war and he can not be satisfied as a Ministry of Finance, he added, with the speed with which financial aid arrives from abroad.
You will then refer to “insufficiency of the sanctions imposed“Marchenko said that the high price of oil and gas means that Moscow has a budget surplus and”feels quite comfortable».
«The main issue is a complete embargo on the gas and oil market by the Russian Federation. This is something that needs to be done and the Ukrainian authorities are actively working on it“, pointed out.
«This will make it possible to remove the possibility of financing the war“, He stressed.
According to Reuters, economic measures imposed by Washington and European allies have curtailed Russia’s $ 1.8 trillion economy, while multibillion-dollar military aid has helped Ukraine thwart Russia’s war effort. the invasion.
However, in an obvious crack in the western part, Hungarian Prime Minister Viktor Orban said today that his country could not support in its current form the proposed new European Union sanctions package.which includes an oil embargo, rebroadcasts the RES EIA.
After all, about state budgetthe Minister of Finance of Ukraine said: “Now we are not actually balancing the budget because our revenue at the moment, unfortunately, covers only the 54% of expenses excluding military expenditure “.
Source: News Beast

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