Govt allocates over UAH 40 bln to stimulate economic activity, help Ukrainian entrepreneurs – Shmyhal

12:54, 10.02.2024 1 min read

Prime Minister of Ukraine Denys Shmyhal said that the Ukrainian government is allocating more than UAH 40 billion from the budget to stimulate economic activity and help domestic entrepreneurs.

"Purchase of Ukrainian goods means jobs, taxes to the budget, which means strengthening the army and everyone's contribution to victory. We held a meeting with the Ministry of Economy, the Ministry of Finance, MPs, and representatives of the President's Office. We are preparing new measures to support the Ukrainian manufacturer. This year we are allocating more than UAH 40 billion from the budget to stimulate economic activity and help Ukrainian entrepreneurs," Shmyhal wrote on his Telegram channel on Saturday.

"We are investing in the creation of new SMEs through the eRobota grant program. We are expanding preferential lending. We are creating new industrial parks. We are launching more investment insurance projects against war risks. We are building a new export-oriented economy," the head of the Ukrainian government said.