, and it is known from the insurance perspective, because a large part of this financing is deficient in debt or increases our debt load, and then something will have to be done about it to do about whether there is now some critical story that it is too much and we could not stand it, there is no such thing. we are more. now, june was the first month when finally the western partners financed. plus or minus such volumes will receive funds, it will be easier, plus now the customs duty will be returned will also help the budget, because the conditions from the point of view of imports into ukraine are usually very liberal, which also affects the budgets of our own therefore, it is not critical, especially considering that a part of this money. i hope that the further, the more part will go in the form of grants and not, e. someday, later, you have to pay it back in 30 years. it will be a little different money. yes , our debt load is increasing, yes, it is unpleasant, but so far it is not critical here, actually, in the question of where to get the money. - one of of answers, this is a

mechanisms for financing such projects, precisely for these purposes. 33 billion rubles were allocated. the twenty-sixth year will be deployed by roscosmos on a satellite. grouping express-rv, and it will provide communication. where laying fiber optics is not economically feasible, and this year rostelecom must complete the connection of chukotka a through a submarine power fiber optic network, and in general we have a whole portfolio of such projects. this is the construction of optics in the north yakutia and the north of kamchatka, entire regions of the republic of tyva altai and many other projects worth more than 50 billion before the thirtieth year, and they will provide modern communication services to about half a million, and our citizens. and besides. and with the current growth of internet traffic we need in the thirtieth year, and also guarantee. uh, connecting all apartment buildings in cities, both newly built and existing ones. uh, at least in cities with a population of over 100,000. e, which will provide the speed as 10 gigabits per se

let's say with the financing of political parties, you can prove the influence.kolomoiskyi on political life, if he does not finance any political parties, you will lose your money in the financing of political parties - this is a concrete thing, right, which is transparent, let's all say, we can imagine, that is, is there now regarding kolomoisky, are these three criteria if he is a foreigner and he cannot participate in the financing of political parties? maybe he, uh, influences the mass media. yes, maybe he is now the owner of an enterprise, but we don’t even know if they have in he has assets of 2 billion 270 million uah, because i do not think that anyone in our country has them now, it should be counted, of course, not 40. and even more, the value of the assets will simply grow . kolomoiskyi, in your opinion, is this possibly a real presidential decree evidence that such a break has occurred? you are pushing me on the slippery road of kremlinology. that is true, but there are certain assumptions, for example. some of the optimistic experts, such as serhiy

the budget practically refused to finance any capital expenditures today, we provide only e-e financingthe security and defense sector, only the fulfillment of the social humanitarian e-e mission and the function of the budget plus - this is such an operational restoration of destroyed objects without which it is impossible to continue the life of settlements . that is, today the priority is to finance the budget and the government, of course, attracting these funds today, there are several sources, first of all, it is the state budget, it is filled with taxes, it is gradually increasing, we see business returning to work, thank you for this , by the way, ukrainian business e business of our partners, which is increasing production volumes, we see increasing tax payments, increasing e-e amount for salary payments. that is, we understand that the business is gradually resuming its activity, this helps us to fill a large part of the budget to date, more than 30% of the expenditure part is filled in fact by traditional methods, the other part, of course, these are the funds raised, these a

marchenko, the minister of finance, but three days before the program there was no time to give us ay for the first time on the air of the marathon, several times we tried to turn it on, to talk, to ask questions that concern everyone, the ukrainians had already agreed, uh, he refuses to go on the air, and i think i understand the importance of the work of the minister of finance, his busy schedule, but people have the right to receive answers to these questions, so mr. marchenko , please, on any of our broadcasts, we are ready to receive you and hear your answers to all these questions, because we objectively wanted and we want to hear it, too, people they want to hear it, so please find 5 minutes to turn on the marathon on the air, thank you a-a well, oleksiy, here is me, how do you very briefly see the story with the possibility of writing off these debts well, and in my opinion, in general, what is it missing now the position regarding debt cancellation is, well, you can call it financial looting in a simple way , that is, paying off foreign debts during the war. well, this is al

well, actually, we came to the issue of emission financing of the budget.hat is, what is it about, why is there so much controversy around this rate because the national bank of ukraine actually said that it is wrong to finance the budget in the future, well , by printing, of course, it happens physically, but due to various financial mechanisms, by printing money that is not economically secured. and we have to learn to live by in their e-e revenues and e on the money that can actually be attracted from taxes or from western creditors or donors, and there is a dispute around this right now, that is, the national bank of ukraine offers the government to set market yields on debt securities in order for real investors to come and buy these debt papers, do i understand everything correctly? andriy, yes, indeed, at the beginning of the war, the decision to monetize the budget by the national bank was not alternative and necessary, but now that we are moving to at the stage of the war of attrition, it is very important for the economy of our country to function

hotline finance insurance of course online if you are allergic to the drug cetrin, it doesn't matter what kind of pet you have, what flowers do you like or what do you secretly eat your children are three, well, it is important to block allergic receptors and protect the body from an allergic reaction already in 20 minutes, this three works in the allergy center, it constantly helps our armed forces, we cooperate as volunteers with the charity organization taps and for today we have, well, we can say such a small gift, we brought them a car that we hope will help our armed forces of ukraine to win victory and increase the mobility of our armed forces of ukraine. the tab fund handed over a car to our military, which i really, really hope that it will last for a long time, and uh, there is also a drone of our own production and it works every day for the sake of victory of ukraine, what are we going back to our morning routine in ulyana, actually, we are almost finishing our today's shift, so let me tell you about the start of a rocket attack at 6:30 in the morning on the territory of

and we are ready to provide a platform for the ministry of finance to respond.nikolaychuk, deputy chairman of the national bank of ukraine, was with us. and finally , positive news from the united states. an exclusive coin was released in america . the white house souvenir shop issued a collector a coin dedicated to ukraine, namely the ukrainian resistance to the russian invaders on the island of the snake, the store website will inform about this, each coin will have certificates with the edition number and a case made of gold with the presidential seal, as noted in the store , delivery to ukraine and all nato countries is free, and the coin itself costs $100, in addition, 20% of the proceeds from the sale will be directed to ukrainian women and children, this was news of the economy during the war. i am andriy yanitsky, watch this program weekdays at eight o'clock with a repeat at 11 a.m. and on youtube when it's convenient for you e tv channel espresso together we will win we are looking for three-year-old danylo rubtsov and his 11-year-old brother kalvar ima

yes, i understood that they are ready this tuesday . in financing they could close how much per month we could support thanks to this tool the answer to this question depends on many factors but if you look at now on the situation with hryvnia resources, the banks have almost 200 billion of free liquidity, which they keep in the certificates of deposit of the national bank, the population increased significantly at the beginning of the war, the balances on current accounts are also there. the amounts are measured in tens of billions of hryvnias. and if favorable conditions are offered , then i think that its population and business and banks will be less interested in carrying funds to the foreign exchange market and, on the contrary, will invest in hryvnia instruments, but the same military bonds from your point of view. this is more of a tool for big business and big investors. would it make sense if those ukrainians who still have money buy one, two, or three bonds there? rather, it is a tool for managing their liquidity in the short and medium term . yes, this is not an investment

began to finance the financing of refugee affairs, and before that, we had 10 psychologists working inbas, who are not just psychologists, they are also trained in various methods and they are qualified psychotherapists are trained in the methods of working with war trauma in children and adults, and they provide such focal psychosocial assistance and focal therapy with persons who need more in- depth assistance since the beginning of the full-scale invasion of russian troops, the number of psychologists in our country has increased up to 60 today in all regions, because this direction is very much in demand, both for work with internally displaced persons and for work on the ground in the combat zone, we have people working everywhere now psychologists, we have the largest team of psychologists working in kharkiv and the kharkiv region, for example, there is a very great need in kharkiv oblast, for example, for people who have been living next to bomb shelters there for the fifth month. there is a great demand for psychological help in the occupied settlements -e because some people e

somebody developing oil in texas doesn't get the bank financing you are talking about.t doesn't mean we shouldn't do what you suggest, accused the united states of preventing as if we are sanctioning africa i think is two parts. i'll ask other witnesses, does china provide aid or only commercial relationship? to what extent does china do something that has no benefit for china, just there to benefit others? >> i don't -- >> i can try to say something. can you hear me? >> yes. >> very quickly, china does both. it provides loans and aid like many other countries. china looks forward. it's been trying to do both in african countries for a long time. building for the future and seeing the continent as it geopolitical ally for the future. >> thank you. the world's greatest contributor to local warming. u.s. into a greater extent of the rest of the western countries are doing a lot to combat global warming. do africans understand that, does china get any blame for its failure to do anything about global warming? i'll ask one of the other witnesses. >> whether china -- >> yes.

the finance chiefs grapple with a list of shrinking options.et's bring in a senior economist at moody's analytics. always good to have you with us. we have seen financial conditioning -- conditions worsening. we see central banks moving. what is your assessment of where the global economy is right now? it does make sense to be downgrading expectations at this point. >> i think it makes perfect sense to be downgrading expectations at this point. due to the headwinds facing the economy -- elevated inflation, central banks moving very aggressively to try and tame inflation. we are looking particularly at asia and it has slowed -- china has slowed quite substantially. with that ongoing zero covid policy they are sticking with, it means the likelihood of a strong rebound in china's growth rate is low as well. the culmination of all those factors means businesses and consumers are incredibly anxious. if we have one more exogenous shock that confuses businesses even more, it could tip the global economy down a path in recession fears could be realized

post indonesia calls on g 20 finance ministers to find common ground to the catastrophe. low income countries facing sawing food and fuel prices and us president joe biden signs of declaration with israel, aimed at preventing iran from acquiring nuclear weapons. ah, that's me. cub shall anchors. parliament is due to hold a news conference shortly after president got to buy a roger packs. i submitted a letter of resignation. will these ally pictures from colombo, where the speaker a handout yet, but otherwise, dana is due to speak shortly. earlier he'd said the resignation letter must be checked for authenticity. well, got a bi at roger packs that is now in singapore after fleeing to the mall, deeds on wednesday, under pressure from mounting demonstrations against his presidency. protest as want a new government to end the countries deep economic crisis. when l fernandez is in columbia with the latest on russia, paxis resignation letter, it will have to go through a very stringent verification process. is what the speaker's office says. that will involve ensuring and makin

so where are j 20 finance minutes is not seeing eye to eye. so that's right. there was no joint communicate which is usually the document that's come from such a forum, but what they did produce of this particular meeting was a so called chair summary. so there were 16 points, communicated that kind of discussed the themes and the sticking points and where the majority of members agreed to disagree. and you know, to your question on the disagreements the topic of sanctions is one where there's obvious disagreements where some countries believe that the sanctions currently employed against russia. for example, our worsening the economic outlook instead of leading to any you know, political pressure. and that's actually helpful. that's what he was the one specific. yeah, the respond yes. if you want to know a specific example here, for example, the united states have called or prize capital russian oil. and that particular agenda point didn't even make it to the meeting. so the finance minister at the press conference and asked about this, but she did say that t

are no recent resources to pull from to help sucrose financing gaps. most impactful thing congress can do is pass that are cantwell and youngs affordable housing credit improvement act. it would both expand and strengthen the housing credit. it would significantly increase the housing credit authority allowinge us to build more properties like river bend place in rural oregon. the affordable housing credit improvement act would also provide states greater flexibility to spread existing bond resources to more developments by reducing the bond of financing from 50% -- 25%. i also urge congress to pass a bipartisan lifeline act introduced by senators leahy and collins. this bill would enable states and localities to most effectively use fiscal recovery funds to feel financing gaps in development but also quickly went to mention two pieces of legislation the finance committee should take up on homeownership. senator cortez o mastro forcing bond with and enact simple and impactful improvements to the mortgage revenue bond and mortgage credit certificate pro

and those expenses are social expenses that the state cannot not finance and another event today is the change in the currency exchange rate for cashless transactions, so the state privatbank set the market rate of currencies when paying for a card. this is what it means. what kind of signal is this? this is a signal that indicates that this is the rate that we have for non-cash payments, which the national bank has set and the one that is in cash, the cash rate on the market, they should to a certain extent somehow to adjust with each other and at least somewhat equate to each other. in our cash market today, the exchange rate dynamics are absolutely insignificant. well, in the last couple of weeks, i have not seen such sharp fluctuations in the exchange rate dynamics of the level and until dollars and to the euro, and the fact that privat is established there. well, it just wants to level out so that there is no speculation. in your opinion, the conditions under which the cash rate and the non-cash rate should somehow be similar what is your forecast what will happen to the hryvni

the finance committee meets this morning to discuss how this hearing comes at a time when americans are getting clobbered by climbing rent and home prices, key drivers of inflation. data released last week shows rent increased in june at the fastest rate since 1986. buying a home is getting more expensive. many people that have modest incomes for big student loan debt feel like the dream of homeownership has slipped out of the reach. the root causes the united states isn't building enough housing. the shortage is affecting citizens and cities all over america. for example, my hometown of portland the skyrocketing rent and of low supplies is also an issue in the central oregon, southern oregon and eastern oregon where they can't build enough housing fast enough to keep up with demand. i would be willing to bet we would be talking about a number of issues this morning and i would just like to raise a relatively new issue that deserves scrutiny and that is private equity firms with sophisticated companies armed with terabytes of housing data who bring up properties nationwide. they are usi

talk to us about how it affects the financing. are you more hesitant to hop into new deals, projects? daniel: clearly i think the print today was no surprise on how wide it was. i think volatilities exist in the markets and i think in many ways that volatility is good for private credit. we are in the business of finding interesting opportunity if these were privately originated and negotiated loans. we intend to hold them to maturity. we intend to be the stable source of capital in environments like this. it is a worry from an underwriting perspective. i think we are trying to be cautious as it relates to how we deploy capitakl -- capital. we do take risk. kriti: when you thing about the outcomes ahead, recession, what are these doing in terms of underwriting for the future? daniel: first, everything we do we are underwriting a recession happening anyway. that would have been the same underwriting we would have done 12 months ago, if you month ago, so i think in some ways it is that. obviously we are spending a lot more time thin

let's get serious about the finance. the developing countries needs, as a minimum, stopped paying lip service to the $100000000.00 us dollars a year. pledge give clarity, so deadlines and timelines and get concrete on its delivery. and that's ensure that those, when it's funding most can access it's rich nations, have also pledged $10000000000.00 to the green climate fund, the world's largest project of its kind. and it's played a crucial role in delivering finance to developing countries. $3000000000.00 the allocated by the u. s, but the country has only contributed only a 3rd of that. so far. learning us now from munich is dr. miranda shaw is chair of environmental ant pilot policy at the technical university of munich. thank you very much for your time. so extreme where the conditions are, are not just in europe. what's the cost then for developing nations? the costs for developing nations are of course, huge in part because developing nations don't have always the same capacity to deal with the droughts in the very h

speaking of, of finance. europe is among the biggest contributors to climate finance for developing nations kind of follow through though and made all of the economics of uncertainty that there is right now. that's a, that's a big an important question. i expect that with the costs of cov id. oh, and then we've had the war and energy prices are increasing, budgets will get tighter in europe. there's no doubt about it. but at the same time, renewable energy is getting much, much cheaper than it used to be. we're also seeing that taking action now reduces costs later. so um, i do hope that europe will continue to be a big finance sir. and we'll also focus attention on, for example, you speak of financing. we need to shift the banks away from financing projects that are coal or gas intensive, and instead focus on those kinds of investments that will still bring us the energy we need and still bring us the comfort we want. but do it in a cleaner way. what about the role of the us? i mean it's failed to mate, it's green climates obligations. climate measures are stalling, and congress and presid

are no resources to pull from to help cure those finance. the most impactful thing congress can do is to pass senator cantwell and young's affordable housing improvement act . both expand and strengthen the housing credits . it would significantly increase the housing credit already allowing us to build more properties like riverbend place in rural ontario oregon . . the affordable improvement re act would also provide states greater flexibility to spread existing bond resources to pm more developments by reducing the bond financing test from 50 percent to 25 percent. i also urge congress to pass a bipartisan lifelineact introduced by senators leahy and collins . this bill would enable states and localities to most effectively use federal fiscal recovery funds to fill financing gaps in housing credit development. i also quickly want to mention to pieces of legislation that the finance committee should take up on the means of homeownership. senator cortez master's affordable housing bond enhancement act would end simple and impactful improvem

they do the hardest work in the community development finance. they are designed to fill the gaps that other private sector financial service providers cannot on their own but they are great in partnership together and what your tax credit proposal would do is to be able to build those partnerships between capital providers and those on the ground to do it. a cd fis need long-term capital because the development requires it. it's the hardest kind of capital to get but it has to be available to cost that makes sense and your tax credit would lower the cost to enable those to greatly expand. >> i appreciate the work and hopefully we can move on this and my last 55 seconds for senator cantwell to make a slight pitch to the committee members and others on another small initiative section 113 that would take the legal act with a small amount of money literally in the millions start experimenting whether we could securitize some of this debt which again would be another tool to make sure we spread this capacity more. i've been supportive of those commu

the finance chief is grappling with a shrinking list of options.anaging director told bloomberg governments need to seriously target inflation but not in a way that threatens central banks. >> we need to tackle seriously inflation, meaning monetary policy is tightening. but, fiscal policy could unintentionally go the other way. >> the imf also says debt restructuring toxin sri lanka will resume when the new government is in place. the fund is awaiting the appointment of new officials including the finance minister. the country is facing a power vacuum. the former pakistani prime minister is leading a key vote. the latest results show his party leading in 16 of 20 seats, setting up a possible election defeat for the government. a victory would give the former leader new momentum. italy says the alliance backing the prime minister has been broken. the central right parties have ruled out being in the coalition. we are told political groups are preparing for a snap election. he is said to address parliament on wednesday. global news 24 hours a day, on

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here he has already financed three pickups there, that is, a truck driver , he says you will call, sheation at the front, who is not in the military and is also trying to be there once a month, once a month and a half, he throws $7,000 on one car, so it happens in different ways, but mostly it is natural persons, when a company joins, you mentioned all the turret installations, the turrets that are put on, well, actually on the roof is there for the entire cargo part of the pickup truck for attaching a machine gun, it is kind of universal, that is , you can put all types of large-caliber weapons on it. do you somehow agree with the military what caliber, what weapon i am asking for, in fact, the military is the one who leaves the request, he writes to us what machine gun and what year of manufacture what caliber says how to set them for movement or against movement, because everyone is different eh, that is, they exhibit these eh in different ways. that is, these are the duels that he plans to fight. so, and for each one separately. well, if we take pkm, then there is one thing mount y

the ministry of finance will increase interest rates on military bonds.nians will save more for longer e it is a term in contrast to the fact that buying e-e products, imported products, and also buying foreign currency have been observed, well, literally for several months, somewhere, this e-e works for the national bank, so far it has not been fully successful. rates have increased, but for example on deposits, we are because only certain small banks there have sharply raised their rates, and large state banks have refrained from this step so far, they can afford to save a little money to preserve the financial result and actually therefore there is an expectation that tomorrow the national bank will not change the accounting much more. a more important moment of tomorrow may be the announcement of various kinds of changes in the economic policy that relate to the exchange rate that relate to various currency restrictions because the national bank continues to sell about 1 billion dollars from reserves every week. and actually, to change this situation

finance.e a listen. >> our house call is finally balanced. it's likely to be next year rather than this year. personal biases a little bit more negative, and its entrenched to require some severe central-bank action. and is very hard for me to see how we escape any kind of recession at all in that scenario. with that said, let's keep a few things in mind, we are setting with a stronger economy with strong balance sheets and a strong financial system. banks are in good shape. the finance sector is in good shape and relatively small. if erwin we have the recession, it will be relatively shallow and short. >> yes we have the likes of jamie dimon worrying about the hurricane in the horizon. don't you see that hurricane in the horizon? >> jamie talked about storm clouds and there are definitely storm clouds, inflation is a big storm cloud. the russian invasion of ukraine and all the economic consequences of that are representing big storm clouds. lots of things can go wrong. keep in mind we are sta

why hi. >> good afternoon honorable members of budget and finance. i'm dylan schneider manager of policy and legislative affairs with supportive housing. i will keep this brief you know you have a long afternoon. i believe we have per expect slides manage up for you. so in june of 2021 san francisco awarded 906 emergency housing vouchers. as part of the 21 american rescue plan. the vouchers subsidize housing for house holdses in 4 categories. people experiencing homelessness it's risk and recent homeless with high risk of housing instability or flee domestic violence or other violence. the resolution before you today would vrz hsh to accept and extend 3.1 million dollars of hud grant funding being pszed through the san front housing authority. that would provide supportive services to eligible households. if approved they accept and extend the fund for cost incures february first of 22 and june 30 of 26. would fund supportive services for a quarter of ehv holders and remainder of service for other holders are being funded through other sources includ

thank god the ministry of finance got it. what's the problem?commercial market right now, that is, we don't take anything from eurobunds. crazy interest rates . no one believes us. everyone sees a war. no one gives today we really receive money only from countries, that is, as a sovereign, we receive money. that is, the germans give us money, the americans give us something, the french give something there, uh, the international monetary fund promises to give something to international financial organizations, that is, non-commercial loans, and in that situation, the position of those countries is clear that they should give something so let's say that in principle i think the situation is more or less normal and there won't be any problems, let's see how it is. thank you very much. oleg penzel, economist, economic expert and analyst e thank you for being with us yehor checherinda my name is anna valevska with you for the last five hours on the sts channel poltava battle in sweden while our defenders defend their native land footballers will rep

we get fha financing improved and make it as a competitive financing option? >> we have great leadership secretary fudge in responsible lending, julie gordon at fha is totally committed. a bunch of it is plane researches -- resources. they don't get to use any of the fha premiums for operation. that means they are totally dependent on appropriation and are tremendously underfunded compared to private enterprises. so they need those resources. they do have a number of initiatives underway. they were able, thanks to some appropriations to upgrade technology with saved them in the crisis. reppo to leave -- there -- >> there is no thing for fha to look at these best practices. should we expect the trend continue going upward? what can the federal government do to ensure homes get in to private homeowners in set up private equity is swallowing them all up? >> the key issue emerging from the data we have available is that while there is a pool of buyers that are shooting homes for the rental market that would otherwise be available for ownership that it is a mixed g

hmm, look, the participant of the meeting on the island of the minister of finance of canada, khrystiareeland , she published such a statement on twitter a- and i quote , russia should not be present at the g20, it’s like a pallia to join the meeting of firefighters, but the representative of russia, in particular, was the day before. theses from the manual, do they resonate now, well , first of all, look at the ministers of foreign affairs, it’s very simple, i think that our minister dmytro kuleba, who brought the world community to the world, was born, because he is more powerful than the one you just quoted , because he said that the place for the representatives of the russian federation is not in the place among respectable countries, but on the court bench of the luhansk criminal tribunal. therefore, this very powerfully caused a very positive reaction. well, we saw how the world reacted to the shop of the technique and there is no there are no methods, in fact, the world. i think it is clear that one thing is to boycott russia and go out to do these demarches. why do we have to

good afternoon and welcome to the july 27, 2022, budget and finance committee meeting, i'm hillary ronenjoined by safai and supervisor mar. our clerk is felipe and thank jason for broadcasting this meeting. mr. clerk, to you have announcements? >> thank you, madam chair. with our return to the chamber, a friendly reminder for those in attendance, please make sure the silence all cell phones and electronic devices and the supervisor are in hybrid meetings that allow in person attendance and providing public comment and providing it via telephone. public access is essential and taking public comment as follows, first public comment will be taken on each item on the agenda. those attending in person will be allowed to speak first. and then we'll take those waiting on the telephone line. for those watching, either channels 26, 28, 78 or 99 and sfgov dot org and the call in number, the number is 4156550001 tell, again, that's 451-655-0001 and enter the meeting id, 24927999124 and press pound twice. when connected, you'll hear the meeting discussion and listening mode only. when your item of i

g. 20 finance ministers in central bank heads. a meeting in barley talks will focus on addressing the global food crisis and soaring inflation. also, you as president robot than israeli prime minister yacht la pete had signed a non binding declaration to prevent a wrong requiring nuclear weapons. bodenal's restated the u. s. positional a 2 state solution for israel and palestine. a russian strike has killed at least 23 people in one of ukraine's largest cities. the valencia by the others were injured as missiles hit, residential buildings and businesses. alan fisher has more from keith, a desperate dash to save a life, pulled from the debris after a russian missile strike in the tone of v need, sir. it was mid morning when 3 explosions ripped through an office building and to residential blocks. the area was packed, the number of dead and injured, significant president vladimir zalinski called it an act of terrorism junior. could a russian rockets hit our city vinegar, a typical peaceful city. cruise missiles hid civilian building

financing only for repair work, active replacement of windows is underway.s not yet been restored on site, and we will say yes, we do not have such an opportunity, based on the fact that there is now a war in the country, and well, yes, yes, let’s say yes, this is the position of the power vertical, and we understand it so far. it is also very important for us to restore capital construction. why, because what you are talking about, for example, when there is a large the number of houses, including yours, where, for example , 50 apartments have actually been implemented. but if we do not reconstruct the roof, then these apartments will actually survive until the spring in a very bad condition, and this and this story, it directly rests on the construction, which to date is still closed to financing. we are very we believe that in the near future the state will restore this direction. as the city that suffered the most in the kyiv region, we will receive funding specifically for capital construction, we will be able to use our own funds for capital constructi