• Українською
  • Statement by Prime Minister Denys Shmyhal at Government session
    Communications Department of the Secretariat of the CMU, posted 25 April 2023 15:11

    Distinguished colleagues, fellow Ukrainians.

    This year we have two main priorities. To do everything to gain victory. To start rebuilding Ukraine now, without waiting for the war to end.

    We have identified key projects and sectors for rapid recovery. We are mobilising resources. We are engaging international partners. In particular, today the EU has transferred another tranche of macro-financial assistance to Ukraine worth EUR 1.5 billion.

    We have also created the necessary infrastructure and appointed responsible teams. It is important for us that Ukrainians can see that reconstruction is a reality this year. This gives hope and faith in a better future.

    The Rapid Recovery Plan for this year has five priorities. Actually, it involves hundreds of different projects, hundreds of cities and towns where recovery will take place simultaneously.

    One of the main pillars of recovery is Build Back Better which means to recover better than it was. Today the Government is to approve an important resolution in this direction. We are determining six settlements where the restoration will be carried out comprehensively and according to new principles. These are Borodianka and Moshchun in the Kyiv region, Trostyanets in the Sumy region, Posad-Pokrovske in the Kherson region, Tsyrkuny in the Kharkiv region and Yahidne in the Chernihiv region.

    All these locations have suffered terrible damage. Now they will be restored comprehensively. This means that not just individual buildings and structures will be rebuilt, but everything will be reconstructed with applying a systematic approach, new planning and complete transformation of these settlements.

    The implementation of the pilot project does not mean that the restoration will not affect other settlements. Reconstruction is already underway across the country. This document is about finding the most effective approaches that will ensure transparency, efficiency, consistency and speed of recovery simultaneously.

    The second decision on the agenda aimed at Ukraine recovery is a resolution to establish an Interagency Working Group to consider the allocation of funds from the Fund for the Elimination of the Consequences of russia's Armed Aggression.

    This is the Fund through which the Government is funding rehabilitation projects. The established Commission will review projects submitted by the responsible agencies. This body will be headed by the Deputy Prime Minister for Restoration. An important element of the Commission's work will be that information about all projects will be published and open. Every Ukrainian will have a chance to see where the funds are distributed under the recovery programme. This is an element of transparency that should form a new level of trust between the state and citizens.

    This year, we are planning to implement reconstruction projects worth USD 14 billion. And one of the five priorities for rapid recovery is to help small and medium-sized businesses to rebuild our economy. First of all, we are talking about soft loan programmes and non-refundable grants under the eRobota.

    We are also intensifying the work of the Export Credit Agency. We want as many Ukrainian businesses as possible to export their products abroad. Moreover, we can see that there is a demand from business, but many companies lack resources and need state support. Hence, today we are to approve a resolution to strengthen Export Credit Agency. From now on the Agency will have state guarantees to support Ukrainian exporters more actively. This will allow to increase the competitiveness of Ukrainian goods and services and contribute to a faster recovery of our economy.


    Today we have two more documents on the agenda that will contribute to the sustainability, efficiency and fairness of our country.

    First, the Government is extending the preferential electricity price for households for another month.

    The second decision is aimed at increasing the transparency of the state - the approval of the Report on the Implementation of the State Budget for 2021 and 2022. Despite unprecedented challenges, we have managed to fully finance all key budget expenditures.

    In 2022, we increased spending on the defence of our country nine times compared to 2021. Security spending increased by 2.5 times. We increased spending on social protection by 25%. Healthcare - by 8%.

    Thanks to the ePidtrymka programme, 4.8 million Ukrainians received UAH 6,500 as a one-time payment. While Ukrainian businesses have received more than UAH 100 billion in soft loans since the invasion.

    We have succeeded in preventing the hryvnia from devaluing and inflation from galloping. Our economy has stayed afloat. Now it is crucial that we see its recovery this year.

    We will do everything in our power to achieve this. We are launching the recovery. We are launching changes and reforms. We are moving fast towards EU membership.

    We will win. Ukraine will recover and become a strong, equal and prosperous member of the European Union.

    We are helping our security and defence forces to bring this victory closer.

    Thank you for your attention. Glory to Ukraine!

    Statement by Prime Minister Denys Shmyhal at Government session Statement by Prime Minister Denys Shmyhal at Government session