Distinguished colleagues, fellow Ukrainians.

We start our regular Government session with important news for our financial stability.

The Permanent Representatives of the European Union member states have agreed to provide Ukraine with a special financial assistance worth EUR 35 billion through the use of frozen russian assets.

This is a great victory for Ukraine, which we have been striving for more than two years. I am grateful to our European partners for this fair and bold decision. We expect the EU Council to approve it in the near future.

The funds should be available for Ukraine by the end of this year, thus enabling our Government to fully finance its priority expenditures already in the beginning of the fiscal year 2025.

Another extremely important news this week was that the Board of Directors of the World Bank approved the establishment of a special financial trust fund for Ukraine.

The amount of this fund will be at least USD 10 billion.

The main donors will be the United States and several other countries, and the size of the fund may be increased in the future when other donors join it.

The fund will be primarily used to support the budget, including salaries and social expenditures, as well as critical recovery needs.

We are grateful to our partners for this new assistance.

Also this week, we held a meeting of the Ukrainian Donor Platform, which is the main platform for coordinating financial support for our country from partners.

We have a vision of how we will spend the next year: how we will finance defense capabilities, pay pensions, restore energy and further strengthen our state.

This applies not only to finance, but also to arms production, relations with our partners, and achieving a just peace.

President Volodymyr Zelenskyy has already visited the UK, France, and Italy this week, where he presented the Ukrainian Victory Plan to the leaders of these countries.

This is a strategy consisting of various steps that will allow us to end the war fairly as soon as possible.

The entire Ukrainian team is working to ensure that as many countries as possible support our country at all levels.

We are building new pragmatic relations. We are looking for common ground.

Earlier this week in Uzhhorod, the Ukrainian and Slovak governments held intergovernmental consultations and signed four documents.

With Prime Minister Robert Fico, we also discussed energy security, defense contracts, humanitarian demining, and Ukraine's European integration, which Slovakia supports 100%.

We also continue to actively develop our relations with Japan.

This week, an office of the Japan External Trade Organization JETRO was opened in Kyiv. Together with the head of JETRO and Japanese businesses, we discussed new opportunities for investment in Ukraine.

We can see great prospects for attracting Japanese companies and resources to modernize our country. To this end, we are continuing deregulation reform, creating industrial parks, expanding benefits for investors, and continuing small and large-scale privatization.

This week, we also held an auction for the privatization of the state-owned United Mining and Chemical Company. This is Ukraine's major titanium ore mining and processing enterprise.

The winner of the auction offered almost UAH 4 billion. It will also be obliged to invest at least UAH 400 million in the technical modernization of the enterprise.

Today, the Government adopts a decision to sell the state-owned stake in UMCC for this amount.

“Privatization of state-owned enterprises is an important element of our economic development and investment growth. It also means transparency and reduction of corruption risks, which is a systemic policy.

One of the successful examples of this policy is the launch of the Land Bank project this year, which allows farmers to lease state agricultural land at open auctions in the Prozorro.Sale system.

“The Land Bank is about transparency in the use of state land, when every farmer can take part in the relevant auctions. This week we have the first result. The state budget has received UAH 22 million for six state-owned plots of more than 500 hectares.

We will continue and scale up such successful cases.

I am grateful to everyone who defends Ukraine.

I am grateful to everyone who believes in our country, who invests their efforts and resources.

Thank you for attention! Glory to Ukraine!