In 2025, the Government will ensure the financing of all priority expenditures such as pensions, salaries and social support. This was emphasised by Prime Minister Denys Shmyhal at a meeting of the Cabinet of Ministers on 3 January.

“We have a clear understanding of how we are going to get through this year in terms of finances,” the Head of Government stressed.

He also noted that this year Ukraine would receive funds from the EU under the Ukraine Facility and from the IMF under a joint programme. In addition, according to Denys Shmyhal, the G7 countries and the EU will provide Ukraine with USD 50 billion, which will be secured by frozen russian assets.

“Our goal this year is to develop and approve a mechanism for the full confiscation of frozen russian assets in favour of Ukraine. These funds should become the basis for financing Ukraine’s recovery and resilience,” the Prime Minister stressed.

Denys Shmyhal also noted that the Government would continue programmes to support and develop domestic business.

“The key economic philosophy of the Government is the Made in Ukraine programme, which will receive the bulk of state support,” he stressed, adding that attention would also be paid to areas such as deep processing. This will help increase exports of value-added products.

In addition, according to the Prime Minister, the Government plans to launch new instruments to attract investment and insure against the risks caused by the war.