Good afternoon, distinguished colleagues, fellow Ukrainians.

Today, russian terrorists have once again unleashed a massive missile attack on Ukraine's energy infrastructure. Zaporizhzhia suffered one of the largest air strikes since the beginning of the war. Kharkiv also fell under a heavy attack during the night.

In the morning, the missile attack continued and affected the entire country. We have high-voltage and power generation infrastructure damaged in the western, central and eastern regions of our country.

In total, almost two dozen units of thermal power plants remain exposed to damage due to constant attacks. If we add to this the fact that some of our power facilities are occupied, Ukraine has temporarily lost 44% of its nuclear generation, 75% of its thermal power plant capacity and 33% of its combined heat and power plants. Every second Ukrenergo substation has been under attack for four months.

Despite this terror, the vast majority of Ukrainians remain with heat, water and electricity. Repairs are underway, there are enough resources to complete the winter, generators are being delivered, and energy equipment from partners is on its way.

Dozens of attacks with missiles and Shahed drones, 123 days of energy terrorism. We have withstood and will successfully complete this heating season.

Afterwards, no less important reconstruction work will begin, as many repairs to the power grid were urgent and there is an increased risk of accidents. That is why the Government has planned a program for 2023 to restore energy facilities, protect them, and decentralize the power system.

In this direction, today we are adopting a Government resolution on the procedure for using the funds of the Fund for the elimination of the consequences of russia's armed aggression.

This procedure determines how we will use the funds for reconstruction, which projects to be selected, which facilities to be restored first, and how the transparent reporting to be carried out.

The Fund is being replenished with confiscated russian assets in Ukraine, as well as with funds that the National Bank of Ukraine will transfer to the budget.

We already have a UAH 17 billion resource confiscated from russian banks. And today we are adopting another decision in the direction of recovery. This is a resolution on how the seized russian assets and property will be sold.

We have frozen and confiscated hundreds of properties that belonged to the russian government or russian oligarchs in Ukraine. Many of these facilities have been actually idle. The Government will launch an open and absolutely transparent sale of this property. This means open auctions where Ukrainian or foreign businesses can purchase the confiscated assets. All the proceeds from this sale will be used to rebuild Ukraine, our energy system, people's homes, to carry out demining and many other things that bring back hope for a better future.

We believe it is right and fair that russia's money will now be used to restore Ukraine.

In conclusion, I would like to add that the sales auctions will be held under the same principle as small-scale privatization. The State Property Fund will be responsible for them. That is, we are preserving the principle of openness, transparency and competition.

Another important point regarding the operation of the Fund for the elimination of the consequences of russia's armed aggression is that we prepare applications for reconstruction projects together with the regions.

We are currently holding and will continue to organize meetings with the heads of regional administrations at the highest level in the Government. Energy, recovery, jobs, and social programs are all on the agenda.

Recovery should be the second keyword this year. The first is victory. The second is recovery.

Of course, our international partners play an important role in the recovery process and support us in all areas.

One of them is financial assistance to the Ukrainian budget to pay pensions, subsidies, salaries to doctors and teachers, and assistance to internally displaced persons.

Since the beginning of this year, our international partners have already provided USD 4.2 billion to Ukraine. In total, we need USD 38 billion to finance the budget deficit this year.

Today, the Government will approve the decision to attract a grant from the United States in the amount of USD 6 billion. These funds will be used for social programs, education, and healthcare. The corresponding financing will come through a donor fund administered by the International Bank for Reconstruction and Development and the International Development Association. This Fund will also provide a grant of USD 165 million from a number of European countries. We will approve the relevant decisions and authorize the Minister of Finance to sign the agreements on these grants.

We are grateful to our allies for their help. It allows us to support the most vulnerable segments of the population, to support our economy, and to allocate the funds of Ukrainian taxpayers to provide our security and defense forces.

We continue to work for victory.

Glory to Ukraine!