Ukraine maintains financial stability and finances all priority expenditures in full. This was announced by Prime Minister Denys Shmyhal during a meeting of the Cabinet of Ministers on 31 December.
He highlighted that this year, USD 41.7 billion in international aid had been raised from partners. The EU's Ukraine Facility has also been launched, and cooperation with the IMF continues.
"We have achieved one of the biggest financial victories during the war: The EU and the G7 countries are providing Ukraine with USD 50 billion secured by russian frozen assets. The russian money is working for our resilience, and the first tranche of USD 1 billion has already been transferred to the budget," the Head of Government stressed.
In addition, according to Denys Shmyhal, the Ukrainian economy demonstrated good results in 2024.
"At the beginning of the year, President Volodymyr Zelenskyy launched the Made in Ukraine policy, and it has already generated 0.6% GDP growth. In particular, sales of Ukrainian goods increased by 9.5% thanks to the National Cashback programme. It has involved 8 million citizens and 1,600 Ukrainian producers," the Prime Minister said.
Moreover, Denys Shmyhal announced that almost 18,000 new jobs had been created thanks to grants for the development of processing, and 42,000 more would be generated through microgrants for starting and developing their own businesses. The 5-7-9 programme remains another important business support tool. In 2024, entrepreneurs received more than 24,000 loans worth over UAH 90 billion under this programme. Denys Shmyhal stressed that the eOselia programme is in demand, with almost 15,000 families having already received a concessional mortgage.
The Prime Minister also informed that in 2024, Ukraine had harvested 75.5 million tonnes of grains and oilseeds.
"The state helps farmers. In addition to grants for horticulture and greenhouse farming, agricultural producers received UAH 3.5 billion in grants and subsidies this year. The result was an increase in exports by more than 13%," said Denys Shmyhal.
According to him, the logistics capabilities of our country have expanded. In particular, the transhipment of Ukrainian ports amounted to more than 91 million tonnes. Ukraine has extended the ‘transport visa-free regime’ with the EU, Norway and Turkey. The capacity of the western border has been increased: a new checkpoint was opened on the border with Poland, and 18 more checkpoints were reconstructed.