Dear colleagues! Fellow Ukrainians!

We are starting a regular meeting of the Government.

The state is confidently entering the new financial year with internal resources, reliable support from partners, and fulfilled obligations to its citizens.

Last year, the state budget received UAH 3.1 trillion from taxes, duties and other payments. This includes funds paid by businesses and Ukrainian citizens.

Each and every one of them makes a significant contribution to our financial stability and thus to the victory of Ukraine.

I am grateful to everyone who contributes to the state budget, from which our Government finances defence spending.

We have maintained financial stability both at the central and local levels.

The general fund of local budgets received about UAH 451 billion. This is 24% more than in 2023.

The state effectively assists local authorities in performing their functions with grants and subventions. Thus, communities have sufficient resources to maintain infrastructure and help people.

This year, local budgets will receive almost UAH 520 billion from taxes, UAH 25.5 billion from the basic grant, UAH 40.6 billion from additional grants, and UAH 151 billion from subventions.

We expect these resources to be used efficiently for the benefit of Ukrainians.

USD 41.7 billion of external financing from partners in 2024 allowed us to cover non-military expenditures that affect the quality of life of millions of people.

It is important that a third of these revenues are grants. This significantly mitigates the debt burden on the state budget.

We expect to attract more than USD 38 billion of external financing in 2025.

We also expect to receive USD 50 billion from the use of the aggressor’s frozen assets.

In particular, today the state budget of Ukraine has received the first EUR 3 billion from the European Union, which is secured by the proceeds of russian frozen assets.

In this way, we are implementing the principle “russia will pay” and strengthening Ukraine’s financial stability in 2025.

I thank our partners for their continued support and solidarity.

In 2024, more than half of the state budget expenditures were spent on defence.

This year, the defence forces will be financed by over UAH 2.2 trillion, which is more than 26% of the country’s GDP.

We place special emphasis on increasing the capacity of the Ukrainian defence industry. More drones, missiles, shells, artillery, armoured vehicles.

We have high hopes for scaling up the so-called “Danish model”, whereby partners order weapons from Ukrainian defence companies for Ukraine’s needs.

In the civil expenditure sector, the Government is closely following the priorities set.

Last year, social payments were financed on time and in full: more than UAH 730 billion in pensions and almost UAH 180 billion in social benefits.

In education, we allocated UAH 7.5 billion for school shelters, UAH 2 billion for meals for primary school students, UAH 1.5 billion for the reform of the New Ukrainian School, and UAH 549 million for the renovation of vocational school workshops.

In the healthcare sector, UAH 155.6 billion was paid under the medical guarantee programme. This includes almost UAH 5 billion for rehabilitation, UAH 5.2 billion for the affordable medicines programme, and more than UAH 749 million for the dental prosthetics and dental treatment programme for military personnel and veterans.

This year, medical guarantees have been expanded and their funding will amount to over UAH 175.5 billion.

We will continue to prioritise areas that are key to national security and the welfare of Ukrainians.

We are confident in our ability to meet all challenges and achieve our goals.

I thank the Ukrainian defenders, I thank all Ukrainians who strengthen the state through their work.

Together we will stand, win and rebuild!

Thank you for your attention!

Glory to Ukraine!