Ministry of Finance
The Ministry of Finance of Ukraine is the central executive body responsible for shaping and implementing state financial and budgetary policy. It is headed by the Minister of Finance, who sits on the Cabinet of Ministers. Its remit includes drafting the state budget, managing public debt, coordinating international financial assistance and overseeing the use of public funds.
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Ukraine suspends non-priority spending as PM warns of critical fiscal squeeze
Ukraine's Cabinet of Ministers approved a decision on 28 September prioritizing state expenditures toward defense, pensions, social payments and public-sector salaries, while suspending non-critical construction, reconstruction, capital repairs and beautification projects until the end of the war. Prime Minister Serhiy Koretsky said part of the pressure stems from delayed international financing, in part because Ukraine has not fulfilled some of its commitments to international partners. The government has identified about $7 billion through internal optimization against a reported $27 billion Ministry of Defense deficit.