Ukraine’s newly appointed Prime Minister Yuliia Svyrydenko announced on Thursday that her government will initiate a comprehensive audit of public finances aimed at securing “real savings” and improving the efficiency of state spending.
In her first statement on X following her confirmation by parliament earlier in the day, Svyrydenko also emphasised the need to speed up large-scale privatisation efforts as part of broader economic reforms.
“Our government will launch a full audit of public finances to ensure transparency and real savings,” she wrote, underscoring fiscal discipline as a key objective.
Svyrydenko, who previously served as First Deputy Prime Minister and Economy Minister, takes the helm during a critical phase of Ukraine’s wartime recovery and restructuring. She replaces Denys Shmyhal, who is expected to take over as Defence Minister.
Outlining her immediate priorities, Svyrydenko said her administration would focus on ensuring stable and sufficient supplies for the Ukrainian military, while also working to expand domestic arms production to reduce reliance on imports.
Her appointment comes as Ukraine continues to face significant economic and security challenges amid Russia’s ongoing invasion. With foreign aid expected to decline in the coming year, the government is under pressure to streamline expenditures and find alternative sources of revenue.
Observers say Svyrydenko’s leadership will be crucial in balancing urgent defence needs with long-term structural reforms needed to stabilise Ukraine’s economy and maintain international support.
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Lawyers warn that the case could eventually involve up to 1.8 million UK drivers across 14 brands, potentially making it the largest consumer class action in British legal history.
Official Tbilisi is aiming to establish a genuine and meaningful strategic partnership with Washington.
European stock markets opened the week on a positive note, buoyed by hopes of easing trade tensions between the U.S. and China and declining geopolitical risks in the Middle East.
The trilateral meeting between Iran, Azerbaijan, and Russia aimed at strengthening economic and transport cooperation is considered a key platform for the region.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
The Gaza summit held on 13 October in Sharm El-Sheikh, Egypt, is being hailed as a significant diplomatic milestone for securing peace in the region.
A nor’easter bringing heavy rain and strong winds has caused widespread flooding across New Jersey.
Madagascar’s President Andry Rajoelina postponed a planned national address on Monday after a group of soldiers threatened to seize the headquarters of the state broadcaster, according to the presidency.
The European Union’s next wave of eastward enlargement, particularly involving candidate countries in Central and Eastern Europe, could prove decisive for Europe’s energy security and competitiveness.
Venezuela has closed its embassy in Oslo, Norway’s foreign ministry confirmed on Monday, days after opposition leader Maria Corina Machado won the 2025 Nobel Peace Prize.
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