Sergii Koretskyi urges legislation needed to secure international financial support be passed as soon as possible

Ukraine’s public finances are under critical pressure. The Prime Minister of Ukraine Sergii Koretskyi called on all members of Parliament to pass as soon as possible the legislation needed to secure international financial support.

"Following several meetings with MPs, the Government is formally sending all members of Parliament and the relevant parliamentary committees a clear schedule with deadlines for each of the required votes. If these deadlines are missed, Ukraine risks losing a significant share of the $29.5 billion in international financing that is expected. This funding is critical to maintaining the balance of the state budget, meeting social spending commitments and, above all, providing the resources needed by our Defence Forces," noted the Head of Government.

The Prime Minister added that the Government had its part to deliver. "We have committed to meeting our obligations in full - and these include 42 decisions. We had announced our intention to complete this work by 1 November. However, given the complexity of the situation, we are bringing this forward and now aim to complete it by 15 October," stressed Sergii Koretskyi.

Today, together with the Speaker of the Verkhovna Rada, ministers, MPs and committee chairs, we met with ambassadors from the G7 countries and EU Member States to discuss in detail the need for coordinated action to secure continued international financial support for Ukraine.

"The Government is ready to work with MPs on every bill, every provision and every piece of wording needed to secure the necessary support and ensure these decisions are adopted as quickly as possible. I thank the Speaker of the Verkhovna Rada for the discussion and understanding of the situation, while our diplomatic partners for their engagement and willingness to help," emphasized the Prime Minister.