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Economist, technocrat, negotiator: what is known about Yuliya Svyrydenko

President Volodymyr Zelenskyy announced that he had offered Deputy Prime Minister and Minister of Economy Yuliya Svyrydenko the position of head of the Cabinet of Ministers.

‘I have offered Yuliya Svyrydenko the position of Prime Minister of Ukraine and asked her to significantly reform the government. I expect the new government's action plan to be presented in the near future,’ he said.

<b>Volodymyr Zelenskyy offered Yuliya Svyrydenko to head the government</b>
Photo: Volodymyr Zelenskyy in X
Volodymyr Zelenskyy offered Yuliya Svyrydenko to head the government

The president also announced the start of a ‘transformation of the executive branch in Ukraine’ with the aim of ‘quickly implementing everything that can support the stability of our state and society.’

In her first statement after this news, she noted that the president had identified the priority tasks of the new government: strengthening Ukraine's economic potential; expanding support programmes for Ukrainians; and scaling up the production of domestic weapons.

In her opinion, these tasks can be achieved through significant deregulation, the elimination of bureaucratic obstacles, the reduction of non-critical government spending and duplication of functions of state institutions, the protection of entrepreneurship, and the full concentration of state resources for the defence of Ukraine and its recovery after the hostilities.

Svyrydenko promised to announce the candidates for government members soon.

Observers note that Yuliya Svyrydenko is not so much a politician as a state manager with the image of a technocrat, i.e., she understands numbers and negotiations. If Svyrydenko's candidacy is approved, she will become the second female prime minister in the history of Ukraine after Yuliya Tymoshenko. And even with the same name...

 Yuliya Svyrydenko
Photo: facebook/Yuliya Svyrydenko
Yuliya Svyrydenko

Yuliya Svyrydenko was born on 25 December 1985 in Chernihiv.

She graduated with honours from Kyiv National University of Trade and Economics and obtained a master's degree in Antimonopoly Management. In 2009, she completed a full course in accounting at the Kyiv School of Market Economy. She completed courses at the State Property Fund of Ukraine and is a certified specialist in real estate and equipment valuation, as well as business, securities, intangible assets, and intellectual property valuation. She completed a series of training courses in land valuation at the Kyiv International Institute of Business.

She began her career in 2008 as a financial economist at the Ukrainian-Andorran joint venture AMP JSC (Kyiv). She worked as an appraiser at the Chernihiv Intercity Technical Inventory Bureau and as deputy director of Eco-Vtor LLC (Kyiv).

Since 2015, she has held management positions in the Chernihiv Regional State Administration: she headed the Department of Economic Development, served as first deputy head of the Chernihiv Regional State Administration, and from July to December 2018, she served as acting head of the regional state administration.

Since 29 September 2019, she has been Deputy Minister of Economic Development, Trade and Agriculture of Ukraine, and since 22 July 2020, she has been First Deputy Minister.

 Yuliya Svyrydenko
Photo: facebook/Yuliya Svyrydenko
Yuliya Svyrydenko

By decree of the President of Ukraine on 22 December 2020, she was appointed Deputy Head of the Office of the President of Ukraine.

On 4 November 2021, the Verkhovna Rada appointed Yuliya Svyrydenko as First Deputy Prime Minister – Minister of Economy.

It was Yuliya Svyrydenko who signed an agreement with US Treasury Secretary Scott Besent on the creation of the US-Ukraine Investment Fund for Reconstruction in Washington on 30 April 2025. 

On 8 May, parliament ratified the agreement with the US. But MPs rewrote the text.

Read also (Not) about minerals – New Country analyses US–Ukraine Investment Fund agreement (report)

In her electronic declaration of assets and income for 2024, First Deputy Prime Minister and Minister of Economy of Ukraine Yuliya Svyrydenko reported income of 4 million 441 thousand 343 hryvnias.

In particular, in 2024, her salary amounted to 1,205,771 hryvnias, fees and other payments under civil law agreements from the Kyiv School of Economics amounted to 3,102,506 hryvnias, income from leasing property amounted to 133 thousand hryvnias, and bank interest amounted to 66 hryvnias. She also reported 377,500 hryvnias in bank accounts and $4,000 in cash.

Svyrydenko owns an apartment (33.5 square metres) in Kyiv, an apartment (74.3 sq. m) in Chernihiv and another 25% of an apartment (87.5 sq. m) in Chernihiv, a land plot (1,496 sq. m) in the Chernihiv Region, and also rents an apartment (119.8 sq. m) and a parking space (23 sq. m) in Kyiv.

In 2022, Svyrydenko declared 975,000 hryvnias in income, and in 2023, 1.9 million hryvnias.

 Yuliya Svyrydenko
Photo: facebook/Yuliya Svyrydenko
Yuliya Svyrydenko

Incidentally, Volodymyr Aryev, a member of parliament from the European Solidarity party, called Svyrydenko's million-dollar fees from the Kyiv School of Economics ‘a story of conflict of interest,’ arguing that in 2024, the Kyiv School of Economics was the executor of grant programmes whose beneficiary was the Ministry of Economy headed by Svyrydenko.

In response, the president of the Kyiv School of Economics (KSE), Tymofiy Mylovanov, called this reaction a ‘political attack’ by Petro Poroshenko's party.

According to Mylovanov, this amount corresponds to market rates for specialists of her level.

The media remind us that Yuliya Svyrydenko's husband, Serhiy Derlemenko, heads the companies DKS-Group LLC and Ditel LLC, which are engaged in construction, repair, telecommunications and communication network maintenance. In 2015, Serhiy Derlemenko ran for the Chernihiv City Council from the Samopomich party, but was not elected. The couple has a daughter, Sofia.