The International Monetary Fund (IMF) believes that decisions regarding the confiscation of Russian assets should be made by the countries where the frozen funds of Russia are located. Julia Kozak, the Director of the IMF Communications Department, responded to a Ukrinform correspondent's question in Washington on Thursday.
"First of all, I have to say that any decisions related to the confiscation of Russian assets or the imposition of taxes on the share of these assets should be made at the level of the respective authorities of the countries (where the frozen Russian assets are located)," noted the IMF representative.
She further mentioned that the IMF is closely monitoring discussions to assess the potential impact of such decisions on the international financial system.
She also noted that the IMF is monitoring current discussions to assess the "potential economic consequences for any of the Fund's member countries or consequences for the international monetary system." According to her, the IMF's assessments will depend on the specific actions taken by these countries.
