Government endorses Regulation on State Agency for Reserve Management of Ukraine

The relevant statement was made by Prime Minister of Ukraine Denys Shmyhal at a meeting of the Ukrainian government, an Ukrinform correspondent reports, referring to the Prime Minister’s Telegram channel.

“We continue the reform of state reserve. We have already liquidated the outdated State Reserve and established the new State Agency for Reserve Management of Ukraine. Now, we are endorsing the Regulation on this institution, which defines the legal groundwork for its operations, functions, rights, and responsibilities,” Shmyhal noted.

According to the Prime Minister, this marks a final transition from the Soviet-era system to modern reserve management approaches.

A reminder that, on September 26, 2024, the Ukrainian government established the State Agency for Reserve Management of Ukraine. In January 2025, the Cabinet of Ministers of Ukraine endorsed the Procedure for the Formation of State Reserves and the Transfer of Material Assets, as well as the Procedure for the Selection of Responsible Custodians and Reserve Holders.

Photo: Cabinet of Ministers of Ukraine