From September 10, the National Bank of Ukraine (NBU) is making amendments to the existing foreign exchange restrictions, which are aimed at supporting business and countering unproductive capital outflows from the country. The relevant statement was made by the NBU’s press service. “On the one hand, the NBU is easing a number of restrictions, and…
The participants of the Own Business programme have already created 38,000 new jobs. And this figure is constantly growing. This was emphasised by the Prime Minister Denys Shmyhal during an event dedicated to the second anniversary of the Own Business grant programme. The Head of the Government noted that two years ago, Ukrainian businesses were…
Over the past week, entrepreneurs received 394 soft loans totalling UAH 1.1 billion from authorised banks under the state programme “Affordable Loans at 5-7-9%”, including 311 loans from public sector banks worth over UAH 0.5 billion. Since the beginning of 2024, entrepreneurs have received 16,175 loans worth UAH 60.2 billion under the programme, including 12,298…
As of September 8, the Pension Fund has allocated UAH 19.6 billion for pension payments, including UAH 3.5 billion through Ukrposhta and UAH 16.1 billion through authorised banks. Moreover, UAH 1418.2 million was allocated for housing subsidies and benefits and UAH 1,509.1 million for insurance payments, including UAH 341.9 million for sick leave. In September,…
As part of the visit by the Prime Minister of Ireland Simon Harris to Ukraine, the Energy Deputy Minister Mykola Kolisnyk discussed with the Irish government delegation the need to expand assistance to Ukrainian power engineers. The relevant statement was made by the Energy Ministry. “During the meeting, Simon Harris noted that the Irish Government…
In August, the Ministry of Finance made inter-budget transfers to local budgets in the amount of UAH 10.6 billion in accordance with the budget legislation, which was 107.1% of the allocations envisaged in the budget plan. In particular they included: – The basic subsidy in the amount of UAH 1.8 billion (100% of the allocation…
Over 60% of Ukrainian micro, small and medium-sized enterprises acknowledge a significant deterioration in their economic and financial performance indicators. The relevant statement was made by Alla Ivashchenko, Doctor of Economics, Associate Professor at Kyiv National Economic University named after Vadym Hetman, during the presentation “Resilience of Ukrainian Businesses amid Full-Scale Invasion”. According to Ivashchenko,…