December 7, 02:43 AM • 3514 viewsDecember 4, 02:10 PM • 45812 viewsThe EU has signed a memorandum on providing Ukraine with macro-financial assistance worth 18. 1 billion euros under the G7 package. The funds are backed by profits from frozen Russian assets.
The president of Ukraine approved the budget for 2025 with expenditures of UAH 3. 6 trillion and revenues of UAH 2.05 trillion. the largest share of funds - UAH 2.23 trillion - will go to defense and security.
The chairman of the Verkhovna Rada signed draft laws on the state budget-2025 and amendments to the tax code. The documents were submitted for signature to President Zelensky, who promised to sign them on November 28.
The World Bank has approved additional funding of додаткове 664 million for the INSPIRE project in Ukraine. The funds will be used for 29 types of social payments to vulnerable segments of the population, the main funding comes from Japan.
President Zelensky will sign the law on the state budget for 2025 on November 28 after receiving it from the Verkhovna Rada. 60% of budget expenditures are directed to the security and defense sector.
Laws on the state budget 2025 and amendments to the tax code will be signed in the coming days. 60% of spending will be spent on defense, including млрд 739 billion on military equipment and weapons.
The Verkhovna Rada reported on the lack of funds for the repair of roads remote from the front. Only critical repairs in the frontline areas in the amount of UAH 12.6 billion will receive funding.
The Cabinet of ministers adopted a resolution on digitalization of application submission for mine action operators through the Diya portal. Since the beginning of the Russian invasion, Ukraine has cleared 35.5 thousand square kilometers of territory with the participation of 66 certified operators.
The Cabinet of ministers redirected more than UAH 268 million for free hot meals for Primary School students. For 2024, the budget provides for UAH 2.9 billion for food and UAH 960 million for the modernization of food halls.
The government will allocate 1000 UAH of additional assistance to orphans and children without parental care for St. Nicholas Day. The Cabinet of ministers also adopted a strategy to ensure the right of children to family education until 2028.
The government has launched a winter support program for low-income families and IDPs. In December, they will receive UAH 6,500 for each child to buy winter clothes.
The Cabinet of Ministers has decided to raise $4. 8 billion from the World Bank as part of the PEACE project. Funding from the United States and partners will be used for social and humanitarian programs.
The Cabinet of Ministers approves a bill to increase payments to families of fallen civilian defenders from UAH 1. 9 million to UAH 15 million. The government is also stepping up support for veterans' sports for rehabilitation.
The WFP has approved a strategic plan to assist Ukraine for 2025-2027 with a budget of $2. 1 billion. The plan includes humanitarian assistance, demining, and support for agricultural exports.
The Verkhovna Rada adopted the State Budget for 2025 with record defense spending. UAH 739 billion is allocated for the production and purchase of weapons, and pensions are to be indexed.
Ukraine agrees with the IMF on the sixth review of the EFF program at the expert level. The program is expected to receive $1.1 billion after approval by the Executive Board.
Following the Russian attack on November 17, power companies have restored electricity supply in most regions of Ukraine. However, 220,000 customers in Odesa and Dnipro regions remain without electricity.
Ukraine and Japan sign an agreement to strengthen cooperation in information security. Japan has provided $12.1 billion in aid to Ukraine and plans to allocate another $3 billion from frozen Russian assets.
The Ukrainian government is attracting a concessional loan from the World Bank worth more than $1 billion, with support from Japan and Britain. The EU will allocate an additional €150 million for port restoration and other projects.
The government has approved the Winter eSupport program, under which every Ukrainian will receive UAH 1,000 starting December 1. The money can be spent on medicines, books, clothing, travel, utilities or support for the Armed Forces.
The Prime Minister of Ukraine meets with the IMF mission led by Gavin Gray in Kyiv. Ukraine expects to receive a tranche of USD 1.1 bn in late December after fulfilling all structural benchmarks.
The European Commission has approved the disbursement of EUR 4. 1 billion to Ukraine under the Ukraine Facility after the required benchmarks have been met. The total amount of support for the year will reach EUR 16.1 billion after approval by the EU Council.
Ukraine has received a $1. 35 billion grant from the United States through USAID. The funds will be used for humanitarian and social programs, Prime Minister Denys Shmyhal said.
The Cabinet of Ministers has allocated UAH 7. 5 billion for the construction of shelters in schools in the frontline and border areas. Additional funds have been allocated for school buses, devices and meals for students.
The Cabinet of Ministers has submitted a draft law to liquidate the Medical Expert Commission and create a new system for assessing work capacity. Starting in 2025, expert teams in hospitals will assess the condition of patients in three categories.
Shmyhal and Borrell discussed cooperation within the European Peace Fund and the development of the Ukrainian defense industry. Ukraine expects to receive 1 million rounds of ammunition by the end of the year and is counting on support for weapons production.
The Cabinet of Ministers approved the draft Budget for 2025 for the second reading with defense spending of UAH 2. 225 trillion. An additional UAH 50 billion has been allocated for education, healthcare, and support for veterans.
The President will not sign a high-profile bill on fines for firewood storage. Prime Minister Shmyhal assures that there will be no restrictions on firewood collection for households.
Starting in January 2025, teachers will receive an additional payment of UAH 1000 per month. Starting September 2025, the additional payment will be increased to UAH 2000, as announced by Prime Minister Shmyhal.
The World Bank will provide Ukraine with $750 million under the SURGE project to support institutional reforms. The funds will be used to strengthen state institutions and improve public financial management.
