Latest news with #GovernmentofUkraine
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!
Yahoo
14-05-2025
- Politics
- Yahoo
Ukrainians' trust in Zelenskyy rises to 74% in early May
Ukrainians' trust in President Volodymyr Zelenskyy has increased from 69% in early March to 74%. A total of 22% say they do not trust the president. Source: a survey conducted by the Kyiv International Institute of Sociology (KIIS) on 2-12 May Details: KIIS data indicates that in the first half of May, 74% of respondents expressed trust in the head of state, while 22% did not. The trust-distrust balance now stands at +52%. Dynamics of trust in President Zelenskyy during 2019-2025. To what extent do you trust or distrust Volodymyr Zelenskyy? Graph: KIIS Compared to March 2025, the level of trust in the president rose by five percentage points (from 69% to 74%), while distrust fell from 28% to 22%. Accordingly, the balance improved from +41% to +52%. The sociologists note that in all regions of Ukraine, a majority of the population expresses trust in the president and the regional differences are relatively minor. Trust in President Zelenskyy in the regional dimension Graph: KIIS Quote from sociologists: "In all regions of Ukraine the majority of the population trusts the president and the trust indicators are quite close. Only the east stands out somewhat against the background of the others, where the level of trust is slightly lower. However, even in this region, 60% trust the president (in other regions – 75-77%), while 33% do not trust him (in other regions – 20-22%)." For reference: The public opinion poll Omnibus was conducted from 2 to 12 May, to which, on its own initiative, added questions about trust in Volodymyr Zelenskyy. A total of 1,010 respondents were surveyed using the telephone interview method based on a random sample of mobile phone numbers in all regions of Ukraine (the territory controlled by the Government of Ukraine). The survey was conducted with adult (aged 18 and older) citizens of Ukraine who, at the time of the survey, resided in the territory of Ukraine controlled by the Government of Ukraine. The sample did not include residents of territories temporarily not controlled by the Ukrainian authorities (however, some of the respondents are internally-displaced persons who moved from the occupied territories), and the survey was not conducted with citizens who left the country after 24 February 2022. Formally, under normal circumstances, the statistical error of such a sample (with a probability of 0.95 and taking into account the design effect of 1.3) did not exceed 4.1% for indicators close to 50%, 3.5% for indicators close to 25%, 2.5% for indicators close to 10%, 1.8% for indicators close to 5%. In wartime conditions, a certain systematic deviation is added to the specified formal error. Support Ukrainska Pravda on Patreon!
Yahoo
09-05-2025
- Politics
- Yahoo
Ukraine plans to tax income of Russian POWs
The Cabinet of Ministers of Ukraine (the Government of Ukraine) has approved a draft law proposing to tax the income of Russian prisoners of war. Source: Taras Melnychuk, government representative to the Verkhovna Rada (Ukrainian Parliament), on Telegram Details: Melnychuk reported the approval of the relevant bill by the Cabinet on 9 May. According to the proposed law, prisoners of war will be required to pay personal income tax as well as the military levy. The bill defines prisoners of war as a separate category of non-resident individuals in Ukraine, in line with the 1949 Geneva Convention on the Treatment of Prisoners of War and the 1977 Additional Protocol to the Geneva Conventions. Tax agents – including prisoner of war camps, penal institutions and pre-trial detention centres – will be obliged to include in their tax reporting both the total amount of income accrued to prisoners of war and the total amount of tax withheld. Support Ukrainska Pravda on Patreon!
Sky News AU
02-05-2025
- Business
- Sky News AU
Here's how Trump spared US taxpayers from paying for Ukraine military aid with long-awaited minerals deal
President Trump followed through on a promise to make Ukraine pay for its military aid with the new mineral rights agreement between Washington and Kyiv, which creates a new path for the US to send weapons to the eastern European nation — without spending a single taxpayer dollar. The agreement, inked on Wednesday after months of negotiations, created a shared investment fund to which both nations will contribute — including through oil, gas and mineral rights licenses sold in Ukraine — with the profits split 50/50. Instead of investing money into the fund, the United States reserves the option to earn credit toward their total contribution equal to the cost of any military equipment, technology or training it sends across the Atlantic, according to the deal. 'If, after the effective date, the Government of the United States of America delivers new military assistance to the Government of Ukraine in any form — including the donation of weapons systems, ammunition, technology or training — the capital contribution of the U.S. Partner will be deemed to be increased by the assessed value of such military assistance,' the mineral deal said. The agreement does not preclude the US from dispatching remaining military aid approved by Congress under former President Joe Biden — which is expected to run out by next month — nor does it require the US to sell any military aid to Kyiv. Exactly how much each side will be required to contribute to the fund has yet to be determined, as Ukraine's Economy Minister Yulia Svyrydenko said logistical talks are ongoing. Once those talks conclude, a second document with 'all the formal details about the operation and how it would go,' will be sent to Ukraine's Verkhovna Rada parliament for ratification, a process Kyiv-based Center for European Policy Analysis senior fellow Hanna Shelest said could take about a month. 'What I heard from a few diplomats in Ukraine is that the US wanted us to sign it immediately,' Shelest said, 'so I understand that a draft is available, but [the] Ukrainian side said that we cannot sign it without ratification.' Ukrainians hope the agreement might reverse Trump's refusal to sell critical air-defense systems as Russia has bombarded the country with massive drone, bomb and missile assaults. Ukrainian President Volodymyr Zelensky last month said he asked Trump if Ukraine could purchase up to 10 Patriot missile systems — which are only made by the US — for $15 billion, only to be turned down by the president. Some Ukrainian observers say the the deal reflects their country's understanding of the transactional approach of the Trump administration. 'The Ukrainians' mistake was thinking that Trump wanted this so badly that they could leverage it,' one source familiar with Kyiv's strategy told The Post, noting that the deal was put on the back burner following an explosive Feb. 28 Oval Office argument involving Trump, Zelensky and Vice President JD Vance. Lt. Denis Yaroslasvky, who commands a special reconnaissance unit for the Ukrainian Armed Forces, told The Post that the country's leaders must complement Trump's approach, which he said was 'immune to emotional appeals.' 'Only pragmatic economic proposals matter,' Yaroslavsky said. '… Today, Ukraine has a small but real chance to leverage this approach to achieve a swift cease-fire. 'The is the first step, hopefully it will entail a merger in the great alliance of our countries.' Some analysts have noted that while the US is not required to sell any weapons to Ukraine, the provision acts as a check on Russia by reminding them that the Trump administration reserves the right to further equip Ukraine. The Kremlin apparently recognized the significance Thursday, as Russian Security Council Deputy Chairman Dmitry Medvedev blasted Trump over the deal, sarcastically praising the US leader for making a deal with a nation that will soon 'disappear.' 'Trump has finally pressured the Kyiv regime to pay for US aid with mineral resources,' he posted to Telegram. 'Now, the country that is about to disappear will have to use its national wealth to pay for military supplies.' Originally published as Here's how Trump spared US taxpayers from paying for Ukraine military aid with long-awaited minerals deal
New York Post
01-05-2025
- Business
- New York Post
Here's how Trump made Ukraine pay for military aid with long-awaited minerals deal
WASHINGTON — President Trump followed through on a promise to make Ukraine pay for its military aid with the new mineral rights agreement between Washington and Kyiv, which creates a new path for the US to send weapons to the eastern European nation — without spending a single taxpayer dollar. The agreement, inked on Wednesday after months of negotiations, created a shared investment fund to which both nations will contribute — including through oil, gas and mineral rights licenses sold in Ukraine — with the profits split 50/50. Instead of investing money into the fund, the United States reserves the option to earn credit toward their total contribution equal to the cost of any military equipment, technology or training it sends across the Atlantic, according to the deal. Advertisement 'If, after the effective date, the Government of the United States of America delivers new military assistance to the Government of Ukraine in any form — including the donation of weapons systems, ammunition, technology or training — the capital contribution of the U.S. Partner will be deemed to be increased by the assessed value of such military assistance,' the mineral deal said. The agreement does not preclude the US from dispatching remaining military aid approved by Congress under former President Joe Biden — which is expected to run out by next month — nor does it require the US to sell any military aid to Kyiv. 3 US Treasury Secretary Scott Bessent and Ukraine's Deputy Prime Minister Yulia Svyrydenko signed a new mineral rights agreement on Wednesday. Facebook / @ via Getty Images Advertisement Exactly how much each side will be required to contribute to the fund has yet to be determined, as Ukraine's Economy Minister Yulia Svyrydenko said logistical talks are ongoing. Once those talks conclude, a second document with 'all the formal details about the operation and how it would go,' will be sent to Ukraine's Verkhovna Rada parliament for ratification, a process Kyiv-based Center for European Policy Analysis senior fellow Hanna Shelest said could take about a month. 'What I heard from a few diplomats in Ukraine is that the US wanted us to sign it immediately,' Shelest said, so I understand that a draft is available, but [the] Ukrainian side said that we cannot sign it without ratification.' Ukrainians hope the agreement might reverse Trump's refusal to sell critical air-defense systems as Russia has bombarded the country with massive drone, bomb and missile assaults. Advertisement Ukrainian President Volodymyr Zelensky last month said he asked Trump if Ukraine could purchase up to 10 Patriot missile systems — which are only made by the US — for $15 billion, only to be turned down by the president. 3 Ukrainian President Volodymyr Zelensky has previously sought to buy Patriot missile systems from the US to the tune of $15 billion. Some Ukrainian observers say the the deal reflects their country's understanding of the transactional approach of the Trump administration. 'The Ukrainians' mistake was thinking that that Trump wanted this so badly that they could leverage it,' one source familiar with Kyiv's strategy told The Post, noting that the deal was put on the back burner following an explosive Feb. 28 Oval Office argument involving Trump, Zelensky and Vice President JD Vance. Advertisement Lt. Denis , who commands a special reconnaissance unit for the Ukrainian Armed Forces, told The Post that the country's leaders must complement Trump's approach, which he said was 'immune to emotional appeals.' 3 The Kremlin blasted President Trump for his historic deal. Getty Images 'Only pragmatic economic proposals matter,' Yaroslavsky said. '… Today, Ukraine has a small but real chance to leverage this approach to achieve a swift cease-fire. 'The is the first step, hopefully it will entail a merger in the great alliance of our countries.' Some analysts have noted that while the US is not required to sell any weapons to Ukraine, the provision acts as a check on Russia by reminding them that the Trump administration reserves the right to further equip Ukraine. The Kremlin apparently recognized the significance Thursday, as Russian Security Council Deputy Chairman Dmitry Medvedev blasted Trump over the deal, sarcastically praising the US leader for making a deal with a nation that will soon 'disappear.' 'Trump has finally pressured the Kyiv regime to pay for US aid with mineral resources,' he posted to Telegram. 'Now, the country that is about to disappear will have to use its national wealth to pay for military supplies.'
