Cabinet sets priorities for govt spending amid financial difficulties – Koretsky
The Cabinet of Ministers has approved a decision on prioritizing government spending amid a difficult situation with public finances and delays in receiving some of the planned international funding, Ukrainian Prime Minister Serhiy Koretsky said.
Ukrainian Prime Minister Serhiy Koretsky announced that the Cabinet of Ministers has prioritized government spending amid financial difficulties and delays in receiving international funding. Due to Ukraine's incomplete commitments to international partners, some of the anticipated funding has not been received. Koretsky stated that resources will be focused on defense, pensions, social benefits, and salaries for key public sector employees such as teachers and doctors.
Non-priority expenditures, including new construction, renovations, and capital repairs, as well as public improvement projects like parks and fountains, are being postponed. The prime minister urged local governments to set priorities in their own budgets and limit spending on non-essential items. The government is working diligently to fulfill its commitments and secure the necessary international funding, collaborating with parliament and relying on responsible lawmakers from all factions and groups.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
