**Ukraine Forms New Government Amid War with Russia**
In a move to tackle the economic and security challenges faced by Ukraine, the country’s parliament has approved Yulia Svyrydenko as its new prime minister. This comes as Ukraine continues to fight against Russian aggression, which began in February 2022.
Svyrydenko, a 39-year-old economist, was chosen for her ability to unlock Ukraine’s economic potential during these difficult times. She will be tasked with increasing domestic weapon production and finding ways to save funds amidst the ongoing war.
**Key Members of the New Government**
The new government also includes:
* Andrii Sybiha as foreign minister, who played a crucial role in recent negotiations with the United States.
* Serhii Marchenko as finance minister, who will oversee Ukraine’s finances and work towards economic recovery.
* Mykhailo Fedorov, first deputy prime minister, who will be responsible for digital transformation and innovation.
* Denys Shmyhal, defence minister, who will oversee the merged ministry of defence and strategic industries.
**Challenges Ahead**
The new government faces significant challenges, including a war with Russia that has been ongoing for over two years. Ukraine’s economy is also heavily reliant on agriculture, making it vulnerable to global market fluctuations. The country’s defense spending accounts for about 36% of its gross domestic product.
President Volodymyr Zelenskiy has stated that the defence minister will have more resources at their disposal but also greater responsibility.
**Reforming Ministries**
One of Svyrydenko’s key plans is to merge some of Ukraine’s ministries, cutting the number of departments and saving funds. This move aims to streamline government operations and increase efficiency during these challenging times.
Read More @ www.reuters.com
