The Cabinet is preparing amendments to the state budget for UAH 400 billion for the needs of the military. Funding will be provided by exceeding revenues, domestic government bonds and grants from partners.
The Minister of Finance announced the need for additional defense funding due to wartime. Increased spending will be covered by internal resources, taxes will not increase.
Prime Minister Shmyhal stated that the government may appeal to the Verkhovna Rada to increase expenditures for the Armed Forces of Ukraine in 2025, if there is a need. The Ministry of Finance is preparing for a budget review.
NBU Governor Andriy Pyshny stated that the National Bank sees no reason to open an emission channel. He assured that there is an understanding of how to act effectively and safely for macrostability.
The Ministry of Finance is preparing changes to the state budget for 2025 due to a shortage of funds for the army. An alternative plan for 2026 is also being developed in the event of prolonged hostilities.
People's Deputy Zheleznyak initiated the dismissal of Serhiy Marchenko from the post of Minister of Finance. The reasons given were sabotage of customs reform, disruption of the terms of submission of the Budget Declaration and approval of populist initiatives.
European countries are considering purchasing American weapons for Ukraine if Trump refuses to help. Europe does not have enough weapons and production capacity to meet Ukraine's needs.
Canada plans to help Ukraine with the development of the pension system and support recovery programs. Minister of Finance Champagne held meetings with investors to discuss cooperation.
In the first 4 months of 2025, 81,928 sole proprietorships were opened in Ukraine, which is 9% less than last year. At the same time, the number of closed sole proprietorships increased by 44% and amounted to 119,895.
Tomorrow, the Rada plans to ratify an agreement with the United States on the creation of an investment fund. The funds will be used for investments and the restoration of Ukraine, and the profits will be reinvested for 10 years.
The Ministry of Finance plans to consider the possibility of increasing the minimum wage in 2026, taking into account available resources. The priority remains to provide for the military.
Minister of Finance of Ukraine Serhiy Marchenko stated that tax increases are not planned in 2025. There are enough reserves and measures to avoid appealing to parliament.
Minister of Finance Serhiy Marchenko stated that the agreement on mineral resources is attractive to both countries. It will promote investment and military assistance.
The Ukrainian delegation discussed with the IMF increasing revenues to the 2026 budget, including increasing VAT and switching to a progressive personal income tax scale, as well as de-shadowing the economy.
According to a US presidential advisor, an agreement with Ukraine on rare earth minerals will be concluded in the near future. It was also previously reported about the signing of a memorandum.
Donald Trump said that Ukraine has not signed an agreement with the United States on rare earth elements. He expressed hope that the agreement would be signed in the near future.
Ukraine has not reached an agreement on debt restructuring of $2. 6 billion. The Ministry of Finance is committed to constructive negotiations to ensure long-term debt sustainability.
According to the Minister of Finance of Ukraine, Kyiv and Washington are still resolving issues before signing the agreement. Ukraine is working to ensure that the document is approved as soon as possible, despite the attacks of the Russian Federation.
The US Secretary of the Treasury emphasized the importance of economic partnership with Ukraine and the need for a quick completion of negotiations. He emphasized support for the sovereignty of Ukraine.
World Bank leaders assured Ukraine of support and expanded assistance. They discussed the implementation of projects, attracting investments and reforms for joining the EU.
