Lyutikov (2002) predicted radio emission from soft gamma-ray repeaters (SGRs) during their bursting activity. Detection of a Mega-Jansky radio burst in temporal coincidence with high energy bursts from a Galactic magnetar SGR 1935+2154 confirms that prediction. Similarity of this radio event with Fast Radio Bursts (FRBs) suggests that FRBs are produced within magnetar magnetospheres. We demonstrate that SGR 1935+2154 satisfies the previously derived constraints on the physical parameters at the FRBs loci. Coherent radio emission is generated in the inner parts of the magnetosphere at $r< 100 R_{rm NS}$. The radio emission is produced by the yet unidentified plasma emission process, occurring during the initial stages of reconnection events.