Ukraine's parliament approves state budget for 2025
The state expects to get Hr 2 trillion ($48.2 billion) in revenues, while expenditures are planned at Hr 3.6 trillion ($86.8 billion).
The state expects to get Hr 2 trillion ($48.2 billion) in revenues, while expenditures are planned at Hr 3.6 trillion ($86.8 billion).
Ukraine has received a $1.35 billion grant from the U.S., which will be allocated to humanitarian and social programs, Prime Minister Denys Shmyhal announced on Nov. 13.
"We understand that the U.S.'s core value is the protection of democracy, the protection of democratic values. This remains unchanged, regardless of the elections," Prime Minister Denys Shmyhal commented.
Ukraine has signed agreements with the World Bank totaling nearly $600 million under the "Resilient, Inclusive and Sustainable Enterprise" (RISE) project, Prime Minister Denys Shmyhal announced on Nov. 4.
"The funds will be used to cover important non-military budget spending," PM Denys Shmyhal said.
Slovak Prime Minister Robert Fico's visit to Ukraine comes shortly after his comments that as long as he is the prime minister, he will block Kyiv's entry into NATO.
Riga will give Ukraine a new aid package that will include armored personnel carriers, Prime Minister Denys Shmyhal announced on Sept. 11.
The IMF team led by Gavin Gray held week-long negotiations with the Ukrainian authorities in Kyiv on the fifth review of the country's 4-year Extended Fund Facility (EFF) program. The EFF is a four-year funding agreement that will allow Ukraine to access $15.6 billion in financial aid in regular installments.
Ahead of the coming winter, Ukraine has protected 85% of its energy infrastructure in anticipation of further Russian attacks, Prime Minister Denys Shmyhal said at a Sept. 10 press conference attended by a Kyiv Independent reporter.
"But we understand that the enemy will not give us the luxury of living in peace," Prime Minister Denys Shmyhal said. "We already have intelligence that the next mass missile and drone strikes on our power system are already being prepared."
At a crucial juncture of the war against Russia, President Volodymyr Zelensky has undertaken a major reshuffle of his government, insisting "new energy" in government was needed "today." "These steps are only associated with strengthening our state in various sectors — international politics and diplomacy are no exception," he said on
"Yesterday, Russia attacked our power distribution substations with missiles for the first time. The facilities were targeted by tens of cluster missiles, but we lost a relatively small amount of equipment during that attack. All due to the (heightened) protection of the facilities," said Prime Minister Denys Shmyhal.
Ukraine's budget deficit for 2025 will be $35 billion, but assistance from partners will cover roughly $20 billion, PM Denys Shmyhal said on Aug. 27.
This is the first tranche in 2024 under a new financial agreement between Ukraine and the World Bank.
"Building fortifications is a priority for every front-line oblast's leader. This year, the government allocated Hr 2 billion (around $50 million) to Kherson Oblast for this task," Prime Minister Denys Shmyhal said.
"The government will use this money to pay salaries to rescuers, teachers, doctors, and social support programs," Prime Minister Denys Shmyhal said.
"Slovakia doesn't intend to be a hostage to Ukrainian-Russian relations," Slovak Prime Minister Robert Fico reportedly said.
The governments of Ukraine and Czechia signed two agreements on joint arms production on July 16, Prime Minister Denys Shmyhal announced after the meeting with Czech counterpart Petr Fiala.
The visit comes only days after Czech President Petr Pavel announced Ukraine would receive 50,000 shells under Prague's ammunition initiative in July, with the deliveries rising to 100,000 rounds monthly since September.
The government has been providing support to a wide spectrum of consumers, ranging from individual households to businesses, to facilitate additional energy generation, Prime Minister Denys Shmyhal said.
President Volodymyr Zelensky is considering dismissing Prime Minister Denys Shmyhal, Ukrainska Pravda reported on July 3, citing sources in the presidential team.
"These funds will help finance critical budget expenditures, social benefits, and the salaries of doctors and teachers," Prime Minister Denys Shmyhal said.
The total budgetary support for Ukraine from the EU so far in 2024 has "reached nearly 8 billion euros ($8.6 billion)," Prime Minister Denys Shmyhal said, adding that there is "more to come."
"As of today, we have full confidence — Ukraine will definitely become a full member of the European Union," President Volodymyr Zelensky said in his address. "Now, the focus is on the technical work between Ukraine and the EU, adapting our system to the EU, and Europe's political will to make the European project truly complete."
Prime Minister Denys Shmyhal and U.S. Acting Under Secretary of State for Political Affairs John Bass held a meeting on June 21 to discuss further Ukraine-U.S. cooperation.
Dutch Defense Minister Kajsa Ollongren and Prime Minister Denys Shmyhal discussed Ukraine-Netherlands joint defense production, the exchange of technologies, the upcoming global peace summit in Switzerland, and Ukraine's Euro-Atlantic integration.
The news comes in the wake of the dismissal of Infrastructure Minister Oleksandr Kubrakov in May.
The parties will discuss how to improve the coordination of aid to Ukraine, including ammunition supply, air defense, and cooperation in the defense industry.
The government allocated more than Hr 1.5 billion ($38 million) to restore the Zmiiv thermal power plant (TPP) in Kharkiv Oblast and the Trypillia TPP in Kyiv Oblast destroyed by Russian attacks, Prime Minister Denys Shmyhal said on May 17.
The government allocated over Hr 7.1 billion ($179.4) to rebuild Ukraine's power grid, Prime Minister Denys Shmyhal said on May 10.
Russian attacks have damaged or destroyed over 800 heating facilities across Ukraine since the start of Russia's full-scale invasion in February 2022, Prime Minister Denys Shmyhal said on May 8.
Prime Minister Denys Shmyhal announced during a government meeting that Ukraine has received approximately $12 billion in external financing since the beginning of the year to help address the budget deficit.