The Cabinet of Ministers has approved attracting more than €17 million from the European Investment Bank for transport development. The funds will go to communities to upgrade municipal vehicle fleets.
Roksolana Pidlasa explained that Orban could not block the EU's €35 billion allocation to Ukraine. All that is needed to disburse the funds is a simple majority vote in the EU Council, not a unanimous decision.
Due to russian aggression, Ukraine has suffered large-scale environmental damage. The conference in Helsinki discussed environmental challenges and mechanisms of liability for environmental damage.
Ukraine's government is interested in Helsinki's experience with environmentally friendly heating systems. Finland is one of the largest donors of energy equipment to Ukraine in Europe and has provided military assistance worth €2.3 billion.
The conference in Helsinki discussed the environmental consequences of the war in Ukraine. Yermak called for united efforts to overcome environmental challenges and develop mechanisms of responsibility for the damage caused.
The IMF Executive Board has approved the fifth review of the EFF program for Ukraine. This will allow the country to receive a new tranche of about $1.1 billion to cover important non-military budget expenditures.
Prime Minister of Ukraine Denys Shmyhal met with President of Finland Alexander Stubb in Helsinki. They discussed military assistance, in particular air defense systems, and thanked for the support of Ukraine.
The President of Ukraine said that the economic booking models shown to him were not fair. Zelenskyy instructed the Ministry of Economy and the Prime Minister to find a balance in this matter.
The IMF Board will meet today for the 5th review of Ukraine's program. A successful outcome and a $1.1 billion tranche is expected, which will be the third of four planned reviews this year.
A delegation of Swiss companies will arrive in Ukraine next year. Prime Minister of Ukraine Denys Shmyhal announces Switzerland's plans to allocate 5 billion francs for the reconstruction of Ukraine by 2036.
Prime Minister Shmyhal said that 140,000 square kilometers of Ukraine could be mined. The government plans to survey most of these areas by 2033 and create an international coalition for demining.
Ukraine received CAD 400 million in concessional financing from Canada for 10 years at 1. 5% per annum. The funds have already been transferred to the state budget and will be used for priority expenditures.
12 EU countries have called on the European Commission to support the creation of energy associations to reduce energy prices. They presented a joint document at a meeting of EU energy ministers, emphasizing the importance of cross-border cooperation.
Ukraine already has 83 cogeneration units with a capacity of 147. 3 MW. In total, 182 units are available, and the rest are planned to be installed by the end of the year, with special attention paid to the frontline regions.
Prime Minister Shmyhal reported high readiness for winter. Ukraine has accumulated enough gas and coal, energy resilience programs are in place, and all nuclear power units under its control are operating.
The Prime Minister of Ukraine met with a delegation of the House of Commons of Canada led by the Speaker. They discussed the situation in Ukraine, support for the country and the progress of reforms.
The government has set up a headquarters to monitor the regions' winterization. Shmyhal emphasized the importance of protecting energy facilities, stockpiling and developing decentralized generation.
Minister Sibiga discussed with Borrell the progress of the €35 billion loan to Ukraine from frozen russian assets.
EU envoys agree to provide Ukraine with €35 billion from frozen Russian assets. According to Prime Minister Shmyhal, the funds should be available by the end of 2024.
The Cabinet of Ministers has decided to sell the state-owned stake in the United Mining and Chemical Company. The winner of the auction offered about UAH 4 billion and pledged to invest at least UAH 400 million in the modernization of the company.
Since July 1, Ukraine has exported 11. 739 million tons of grain, up 58.2% year-on-year. The exports include 6.798 million tons of wheat, 1.551 million tons of barley and 3.120 million tons of corn.
The Cabinet of Ministers has announced a competition for three positions of independent members of the Supervisory Board of NPC Ukrenergo. The documents will be accepted until October 31, 2024, and the appointments should be made by December 9, 2024.
Naftogaz Group reported an increase in gas production by 0. 7 bcm compared to last year. The company exceeded its targets by 2% and plans to provide the population of Ukraine with its own resources.
The Prime Minister of Ukraine held an online meeting with the Managing Director of the World Bank. The parties discussed damage assessment, recovery priorities and reforms, in particular, housing market reform.
The Cabinet of Ministers plans to make changes to the reservation of employees from conscription. It is planned to cancel unjustified deferrals and suspend the powers of some bodies to identify critical enterprises.
The draft state budget for 2025 is currently being reviewed for amendments. It provides for UAH 2.2 trillion for defense, including UAH 1.2 trillion for military salaries and UAH 737 billion for weapons. The vote in the Rada is scheduled for the end of November.
President Zelenskyy held a meeting with the leadership to discuss the supply of weapons and equipment to the army. Priorities for the defense industry for the next year have been identified, including missiles, drones, and shells.
The Cabinet of Ministers included Ecocenter and SUNART in the Register of Industrial Parks. The new sites in Lviv and Mykolaiv regions will create 1,800 jobs, bringing the total number of registered parks to 95.
The Government of Ukraine has decided to reallocate funds from the EIB for the modernization of substations. EUR 86 million will be allocated for systems to protect energy facilities from Russian attacks.
In the first 9 months of 2023, Ukraine spent 58% of the general fund of the state budget on the army. Prime Minister Shmyhal calls it a challenge to find additional resources to cover military spending in 2025.