Latest news with #DenysShmyhal
Yahoo
3 days ago
- Business
- Yahoo
Ukraine offers $4,800 bonus to new doctors in rural, combat zones
Ukraine's Cabinet of Ministers has approved a one-time payment of Hr 200,000 ($4,800) for medical school graduates who accept positions at health care facilities in rural areas or active combat zones, Prime Minister Denys Shmyhal announced on May 30, according to the Ukrainian news agency Ukrinform. The new measure, set to take effect in 2025, is aimed at addressing critical staffing shortages in front-line and underserved regions from which many residents — and professionals — have fled due to ongoing Russian attacks. "Along with security and defense, investment in human capital is a cross-cutting policy of the government and the state," Shmyhal said. "This is effective support for young specialists and a means of overcoming the shortage of medical personnel in the regions." Ukraine has faced growing difficulties maintaining access to essential services in embattled territories, with hospitals and clinics particularly affected by Russia's war. Taras Melnychuk, the Cabinet's representative in parliament, said the bonus will be available to interns beginning in 2025. To qualify, candidates must complete training in a medical specialty and sign a contract for at least three years with a state or municipal health care facility located either in a rural area or in an active combat zone. They must also apply for a vacancy listed at the time of submission via the Unified Job Portal and be employed at a facility where staffing in medical positions does not exceed 75%. The initiative is part of Ukraine's broader effort to stabilize front-line communities, which continue to face mounting pressure under Russian fire. Read also: Ukraine attacks elite Russian unit base nearly 7,000km away in Vladivostok, source claims We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Yahoo
3 days ago
- Business
- Yahoo
US$3bn from Japan to fund critical Ukrainian needs – Ukraine's PM
Ukraine will receive nearly US$3 billion from Japan as part of the G7 countries' Extraordinary Revenue Acceleration for Ukraine (ERA) initiative. Source: Ukrainian Prime Minister Denys Shmyhal on Telegram Details: Shmyhal stated that the Cabinet of Ministers (the Government of Ukraine) had adopted a decision necessary to secure the funds, which will be backed by revenue from frozen Russian assets. "We will direct these funds towards financing our priority budget expenditures," he said. Background: On 18 April, Ukraine's Finance Minister Serhii Marchenko and Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Masashi Nakagome signed an agreement on the provision of a loan in the amount of up to 471.9 billion Japanese yen (about US$3 billion) to Ukraine. Ukraine is expected to receive US$3 billion from the windfall profits of frozen Russian assets between 2025 and 2026. Finland signed an agreement with the European Commission to supply heavy munitions to Ukraine, purchased with funds from frozen Russian assets. The European Union officially announced plans to allocate nearly €1.9 billion in military support for Ukraine. Support Ukrainska Pravda on Patreon!
Al Bawaba
22-05-2025
- Business
- Al Bawaba
EU announces about $170B defense industry loan plan
Published May 22nd, 2025 - 01:12 GMT ISTANBUL- EU member states have agreed to establish a €150 billion (nearly $170 billion) Defense Industrial Readiness Loan Instrument (SAFE) to boost the bloc's defense sector, with Ukraine formally recognized as a partner country, Ukrainian Prime Minister Denys Shmyhal has said. In a statement on X on Wednesday, Shmyhal said the decision would help integrate Ukraine into the EU's joint defense procurement efforts and open opportunities for Ukrainian firms within European supply chains. He described the initiative as 'important and urgent' for bolstering the security of both EU member states and Ukraine. 'We are stronger together,' Shmyhal said, thanking European Commission President Ursula von der Leyen, as well as Poland and other EU partners for their continued support. SAFE is expected to channel significant loans to strengthen industrial capacity across the EU in response to rising geopolitical tensions and growing security demands on the continent. The European Commission has not yet publicly commented on the timeline for the instrument's implementation. Via � Copyright Andolu Ajansi
Yahoo
20-05-2025
- Politics
- Yahoo
Kyiv to receive 400,000 more shells from Czech initiative, Ukraine's PM says
Ukraine will receive 400,000 additional artillery shells in 2025 through the Czech-led munitions initiative, Prime Minister Denys Shmyhal announced on May 20 on Telegram. The initiative, supported by contributions from Canada, Norway, the Netherlands, Denmark, and other nations, has significantly enhanced Ukraine's artillery capabilities. Launched in 2024, it has become a vital supplement to the country's firepower amid shell shortages. Following a meeting with Czech Prime Minister Petr Fiala, Shmyhal said Ukraine received around 1.5 million artillery shells of various calibers through the initiative in 2024. He announced that Czechia has increased its annual aid allocation to Ukraine to over $43 million. Since Russia launched its full-scale invasion in 2022, Prague has provided $900 million in military assistance to Kyiv. Fiala and Shmyhal also discussed expanding cooperation on weapons production, economic support, and humanitarian assistance. "We will strengthen the integration of the Ukrainian and Czech defense industries," Shmyhal wrote. "In addition, we agreed to cooperate in training Ukrainian pilots of F-16 airplanes." Czechia has played a leading role within the EU in rallying military support for Ukraine and has hosted hundreds of thousands of refugees since the start of the war. The country's opposition party, ANO, has threatened to suspend the munitions initiative if it wins parliamentary elections in October 2025. ANO deputy leader Karel Havlicek made the remarks in January, raising concerns about the future of one of Ukraine's most reliable arms pipelines. Read also: As Russia's fiber optic drones flood the battlefield, Ukraine is racing to catch up We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Yahoo
16-05-2025
- Business
- Yahoo
Ukraine to receive $84 million from World Bank to restore homes damaged in Russia's war
Ukraine will receive $84 million from the World Bank to restore housing damaged in Russia's war, the Finance Ministry announced on May 15. On April 2, Prime Minister Denys Shmyhal announced that Ukraine will receive $432 million in funding from the World Bank to assist with the restoration of damaged during the war. The most recent funding is part of the World Bank's Housing Repair for People's Empowerment project (HOPE). "The HOPE project is aimed at addressing urgent and critical repair needs for partially damaged individual and multi-apartment residential buildings in territorial communities under the control of the Government of , which have suffered due to the aggression of the Russian Federation on Ukrainian territory," the Finance Ministry in its statement. 25,000 homes are expected to be repaired using the additional $84 million in funding from the World Bank. The funding was secured with the signing of a financing agreement between Ukraine and the International Development Association (IDA) on May 15. To date, the project has provided compensation to over 87,000 households for damages caused by Russia's war against Ukraine, the Finance Ministry said. Russian missile and drone attacks regularly strike civilian , including houses and residential buildings. Read also: Ukraine war latest: Zelensky sends delegation to Turkey, as peace talks with Russia are expected on May 16 We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
