Changes in the Structure of Ministries
The Ministry of Communities and Territories Development takes over the functions of the Ministry of Reintegration and part of the functions of the Ministry of Infrastructure. This concerns housing programs, work with internally displaced persons, and territory restoration. The staff of the Ministry of Agrarian Policy is also increased by 50 people by reducing the personnel of the territorial bodies of the State Geocadastre.
Loan from Canada
Canada provides Ukraine with a loan of up to 5 billion Canadian dollars for 30 years. A special feature is that repayment is planned to be carried out mainly from frozen Russian assets. 200 million Canadian dollars are directed to a special World Bank Fund for investing in strengthening Ukraine.
Fund for Eliminating Consequences of Aggression
The mechanism for using funds from the fund for eliminating the consequences of Russian armed aggression in 2025 has been approved. Funds are directed to compensation for destroyed housing through the “eRecovery” system. Compensations are provided only for objects registered in the State Register of Damaged Property.
Interagency Group on Frozen Assets
An Interagency Working Group has been created to coordinate actions regarding the use of frozen Russian assets. It includes heads of key ministries and agencies. The group analyzes the situation and develops plans for using these assets.
NBU Supervision of Financial Services
The powers of the National Bank of Ukraine have been expanded regarding supervision of financial institutions in terms of ensuring service accessibility for persons with disabilities. The NBU will monitor how providers of financial, payment, and related services ensure their accessibility.
Medical Assistance to Prisoners
Review of each of legal acts published today:
On the Accounting Price of Banking Metals
This is a daily notification by the National Bank of Ukraine on establishing accounting prices for banking metals (gold, silver, platinum, and palladium).
The document structure is simple – a table indicating metal codes (numeric and literal), measurement unit (troy ounce), and accounting price in hryvnias for each metal as of 25.02.2025.
Key provisions:
1. Prices are set for 4 banking metals: gold (122,875.55 UAH), silver (1,357.42 UAH), platinum (40,501.33 UAH), and palladium (40,176.89 UAH) per troy ounce.
2. Important disclaimer – the NBU does not undertake obligations to buy or sell metals at the specified prices.
3. These prices are reference and used by banks for accounting of banking metal operations, calculation of customs payments, and in other cases provided by legislation.
On the Official Exchange Rate of Hryvnia to Foreign Currencies
This is an official notification by the National Bank of Ukraine on establishing exchange rates of foreign currencies in relation to the hryvnia as of 25.02.2025.
The document structure is a table with official exchange rates for 36 foreign currencies. For each currency, its numeric and literal code, number of units, full name, and rate relative to the hryvnia are indicated.
Key provisions:
– The base unit for most currencies is 1 unit, but for some currencies, other quantities are used (e.g., 100 Korean won or 1000 Indonesian rupiah)
– Major world currencies have the following rates:
• US Dollar – 41.7015 UAH
• Euro – 43.6448 UAH
• Pound Sterling – 52.6940 UAH
• Swiss Franc – 46.3608 UAH
– Rates are established for accounting and NBU operations with the State Treasury Service of Ukraine, with the NBU not undertaking obligations to buy or sell currencies at these rates.
Some Issues of the Ministry of Agrarian Policy and Food
The essence of the resolution is the redistribution of staff numbers and budget funds between the Ministry of Agrarian Policy and Food and the State Geocadaster. The maximum number of employees at the Ministry of Agrarian Policy is increased by 50 persons (from 250 to 300), while the number of employees in the territorial bodies of the State Geocadaster is reduced by 57 persons.
Structurally, the resolution consists of three points and an appendix with changes:
1. Changes to the maximum number of employees
2. Redistribution of budget expenditures between agencies
3. Instructions to the Ministry of Finance to make corresponding changes to the budget schedule
Key provisions:
– Expenditures of 29.754 million UAH are redistributed from the State Geocadaster to the Ministry of Agrarian Policy
– Of this amount, 24.389 million UAH are expenditures for wages
– The staff schedule of both agencies is changed
– Funds are redistributed within the general fund of the state budget for 2025
This is a technical resolution concerning the internal structure and financing of state bodies.Here is the translation of the provided Ukrainian legal text into English:
Sphere of Agrarian Policy and Land Relations
On Approval of the Main Conditions for Executing a Transaction with Contingent Obligations, as a Result of Which a Credit is Provided to the State from Canada
Essence of the Act:
The Resolution approves the conditions for Ukraine to receive a loan from Canada for up to 5 billion Canadian dollars. The distinctive feature of the loan is that its repayment is planned to be carried out primarily from frozen Russian assets, rather than from the state budget of Ukraine. A portion of the funds (200 million Canadian dollars) is directed to a special World Bank Fund for investing in strengthening Ukraine.
Structure and Main Provisions:
1. The Resolution consists of the main text (3 points) and an appendix “Main Conditions” (7 points).
2. The parties to the agreement are defined – Ukraine (represented by the Minister of Finance) and Canada.
3. A mechanism for determining the interest rate is established – using the higher value of two indicators: the average market yield of long-term Canadian Government bonds or the yield of the 30-year zero-coupon curve.
4. Repayment term is 30 years from the date of borrowing.
Key Features for Use:
1. The creditor has limited right to demand return of funds from the state budget – only in case Ukraine receives compensation from Russia for armed aggression.
2. Funds are provided in tranches, with 200 million directed through a special World Bank Fund.
3. The interest rate cannot be negative – in such a case, a zero rate is applied.
On Amendments to Certain Resolutions of the Cabinet of Ministers of Ukraine Regarding the Activities of the Ministry of Community and Territorial Development
The essence of the resolution is to make technical changes to numerous government acts in connection with the reorganization of ministries. The main change is replacing the names “MinReintegration” and “MinInfrastructure” with “MinDevelopment” (Ministry of Community and Territorial Development) in all documents related to housing policy, work with internally displaced persons, and territory restoration.
Structurally, the resolution consists of 24 points, each making changes to a separate resolution of the Cabinet of Ministers of Ukraine. The changes concern a wide range of issues – from providing preferential housing loans to the functioning of the deportees registry.
Key Provisions:
– Transfer of functions from MinReintegration and part of MinInfrastructure’s functions to the Ministry of Community and Territorial Development
– Changing the name of the responsible ministry in all documents related to:
* Housing programs and lending
* Work with internally displaced persons
* Restoration of territories after combat operations
* Management of multi-apartment buildings
– Preservation of all existing mechanisms and procedures while only changing the name of the responsible body
On Amendments to the Procedure for Using Funds from the Armed Aggression Consequences Liquidation Fund
Essence of the Act:
The document defines the mechanism for using
