PRESS RELEASE : President held a meeting on fuel supply and execution of the state budget

The press release issued by the President of Ukraine on 7 May 2022.

President of Ukraine Volodymyr Zelenskyy chaired a meeting on topical issues of the executive branch. It was attended by Head of the Office of the President Andriy Yermak and his deputies, Prime Minister of Ukraine Denys Shmyhal and members of the government.

The participants of the meeting first of all considered the issues of fuel security of the country. The President stressed the need to eliminate queues at Ukrainian gas stations.

According to First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, work is underway in cooperation with the Ministry of Foreign Affairs to provide Ukraine with a green corridor in Eastern European ports, which is currently the main bottleneck in fuel supply logistics.

The parties also stressed the need to sign long-term contracts and accumulate state fuel reserves.

Minister of Finance of Ukraine Serhiy Marchenko reported on the execution of the state budget under martial law. Thus, the country ended April with a deficit of UAH 125 billion. At the same time, revenues from tax office and customs amounted to UAH 53 billion, which exceeded expectations. UAH 57 billion of revenues are planned for May.

According to the Minister, the monthly deficit is planned to be repaid due to international grants and loans. Negotiations on international grants in the amount of 11 billion dollars are underway, of which 5 billion dollars have already been received by our state.

The parties also discussed the preparation of a Plan for the Reconstruction and Development of Ukraine after the war.

In addition, the Heads of State heard a report on the process of granting Ukraine the status of a candidate for membership in the European Union.

Attention was also paid to the issue of cooperation between public authorities and international organizations in providing medical, psychological and social rehabilitation services to citizens affected by Russian aggression.