The Cabinet of Ministers has approved a decision allowing two Ukrainian banks to attract up to EUR 30 million from the European Investment Bank to support Ukrainian small and medium-sized businesses by improving preferential lending conditions.
The Cabinet of Ministers will allocate UAH 7. 1 billion to purchase equipment to restore Ukraine's high-voltage power grid and better synchronize it with the EU grid.
Prime Minister Denys Shmyhal met with German Minister for Development Svenja Schulze to discuss the implementation of joint projects, coordinate work ahead of the Recovery Conference in Berlin in June, and emphasize Ukraine's fruitful cooperation with the German Reconstruction Credit Institution (KfW), which supports small and medium-sized enterprises that are crucial to Ukraine's recovery.
Ukraine may have to raise electricity tariffs as it needs more than $1 billion to prepare for the fall and winter period.
Two models of economic reservation are discussed: one where persons liable for military service pay 35,000 hryvnias in taxes for the maintenance of a soldier, and the other with industry quotas where companies pay the minimum wage of a soldier for each reserved employee.
The Government has set up the Headquarters for Preparing for the Next Heating Season. It will coordinate measures aimed at overcoming the consequences of hostile attacks on the energy sector and adapting the fuel and energy complex to new challenges.
Ukraine's Prime Minister Denys Shmyhal held an online meeting with his Bulgarian counterpart Dimitar Glavchev to discuss Ukraine's military needs and Bulgaria's support for Ukraine's integration into the EU and NATO.
The Cabinet of Ministers held a meeting to prepare for the supply of generators to critical infrastructure facilities for the next heating season, which will help decentralize the energy system and make it less vulnerable to Russian attacks.
15 thousand entrepreneurs have received grants under the eRobota program in Ukraine, supporting new businesses and creating thousands of new jobs, contributing to the gradual economic recovery and improving business activity.
The Cabinet of Ministers of Ukraine has approved the procedure for acceptance, maintenance, service and accounting of military engineering and fortification structures created to enhance the country's defense capability under martial law.
The Cabinet of Ministers of Ukraine has supported the draft law on ratification of the free trade agreement with Turkey, which creates new opportunities for Ukrainian business by eliminating duties on 93% of industrial goods.
The government lifts restrictions on payments for imports of goods and services, opening up new opportunities for Ukrainian entrepreneurs and boosting exports.
President of Ukraine Volodymyr Zelenskyy discussed with Estonian Prime Minister Kallas the upcoming Global Peace Summit, Ukraine's defense needs, and the finalization of a bilateral security agreement based on the G7 Vilnius Declaration.
Shmyhal and the Prime Minister of Iceland discussed strengthening bilateral cooperation, support for Ukraine, and preparations for the Peace Summit.
According to Prime Minister Denys Shmyhal, Ukraine has carried out all the necessary reforms and is now "one step away from an invitation" to join NATO. Shmyhal expects Ukraine to receive the invitation at the NATO summit in July.
The Prime Minister of Ukraine said that reinforcements from NATO countries would help push back the Russian occupiers, and Kyiv would be grateful for additional troops.
Ukraine has already sown more than half of the planned 13. 5 million hectares of spring crops - 7.2 million hectares.
The Cabinet of Ministers approved the creation of a subgroup to work on the confiscation of frozen Russian sovereign assets abroad in favor of Ukraine.
Since the beginning of the year, Ukraine has attracted more than $12 billion in financial assistance, including a record $9 billion in March and €1. 5 billion in April under the Extended Fund Facility for Ukraine.
Zelenskyy held a meeting to discuss the readiness of fortifications, the situation at the front, the rotation of units, weapons production, and the need for more air defense systems to protect energy infrastructure and civilians.
If the decision to reduce ministries in Ukraine is made, the government will implement it depending on specific tasks and priorities, such as strengthening the security and defense sector.
President Zelenskyy held meetings on the situation at the front, the Russian offensive, and Ukraine's actions to disrupt Russia's plans and achieve its goals, and discussed arms supplies and coordination with partners to strengthen the capabilities of the Ukrainian military.
The Cabinet of Ministers has authorized the State Emergency Service to provide paid services for the certification of mine action operators, creating a market environment for the involvement of the private sector in humanitarian demining to clear Ukraine of mine debris as soon as possible.
The Cabinet of Ministers of Ukraine has approved the procedure for using funds to purchase scanners for railway checkpoints of Volyn and Lviv customs for fast and efficient cargo inspection.
The Ukrainian-Polish border has been unblocked after a plan of understanding presented by the Ukrainian government yielded results, Prime Minister Denys Shmyhal said.
The Ukrainian government has allocated an additional UAH 15. 5 billion to purchase 300,000 drones for the Security and Defense Forces.
The government responded that allowing Russian prisoners of war to make phone calls fulfills an important informational function, providing Russians with objective information that could increase the number of prisoners of war.
The Prime Minister of Ukraine inspected the construction of the second level of defense at power substations during a visit to Volyn and Lviv regions, assuring that the work would be completed in time to strengthen the protection of energy facilities from Russian attacks.
According to Prime Minister Denys Shmyhal, the $7. 5 billion in U.S. aid will allow Ukraine to finance all social expenditures, such as pensions and subsidies, without delay.
Ukraine and Denmark sign a letter of intent for Denmark to purchase Ukrainian military equipment to be transferred to the Armed Forces of Ukraine.