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.
Gen Z protests swept 34 German cities on Saturday (31 October) over education, living costs and military service proposals. Violence erupted in Fra...
Iran designated Britain's Royal Navy and Royal Air Force as terrorist organisations on Sunday, (1 November), and classified the country's f...
Since 2021, only 9 per cent of $8 billion in humanitarian aid for Afghanistan can be traced beyond initial recipients in public re...
The U.S. has approved the sale of 500 Patriot PAC-3 missiles to Ukraine in a deal worth an estimated $2.1 billion, but Kyiv could face years of delays before receiving the weapons it urgently needs to defend against intensifying Russian attacks.
Iranian Supreme Leader Ayatollah Khamenei has ordered Iran's armed forces to respond to any threat immediately and without geographical limits in statements posted to social media platforms on Saturday (31 October).
Demonstrators carrying Iranian flags and placards supporting the hijab gathered outside the Azerbaijani Embassy in London.
A Chinese-made AI chip has matched Nvidia’s H200 in tests conducted by its developer, marking a potential breakthrough in China’s efforts to reduce its dependence on foreign technology.
A hacking group linked to North Korea is widely believed to be behind the theft of $6.3 billion from cryptocurrency giant Binance, a cyberattack that experts describe as the largest cryptocurrency heist on record.
Gen Z protests swept 34 German cities on Saturday (31 October) over education, living costs and military service proposals. Violence erupted in Frankfurt, where shops were looted and police reported Molotov cocktail attacks.
Iran designated Britain's Royal Navy and Royal Air Force as terrorist organisations on Sunday, (1 November), and classified the country's foreign intelligence agency, MI6, as a hostile group, according to a statement from the Iranian Foreign Ministry.
Thousands protested in Albania's capital, Tirana, on Saturday (31 October), demanding Prime Minister Edi Rama's resignation over perceived corruption allegations and dissatisfaction with the government over a lack of jobs and poor education standards.
Russia has agreed to work with Ghana on developing a 2,000-megawatt nuclear power plant following talks at the Russia-Africa Summit in Moscow, Ghanaian Foreign Minister Samuel Okudzeto Ablakwa said on Saturday.
Foreign ministers from the U.S., Japan, Australia and India raised concerns over export restrictions and economic coercion at a Quad meeting in Atlanta, U.S., on Saturday, 31 October 2026, according to their joint statement.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment