Financial sector news

In particular, UAH 1 billion has been allocated for the first time to a program for insuring property against military risks, according to the Ministry of Economy, Environment, and Agriculture of Ukraine.

Next year, funding will continue for the “Made in Ukraine” program to support Ukrainian manufacturers, which stimulates investment in the real sector, strengthens non-resource exports, and develops domestic production.

This includes:

• “Own Business” grants for the creation or development of micro and small businesses, in particular for veterans and their families;
  
  
• compensation of 25% of the cost of agricultural machinery and 15% of the cost of other Ukrainian-made machinery and equipment;
  
  
• grants for the development of the processing industry and for restoration;
  
  
• accessible “5-7-9%” loans (UAH 18 billion);
  
  
• the development of industrial infrastructure in industrial parks;
  
  
• support for projects with large investments;
  
  
• providing Ukrainians with housing under the “Ye-Oselya” program (UAH 16.3 billion);
  
  
• national stands at international exhibitions and other events.
  
  

The budget also provides for the launch of the Ukrainian-American Investment Fund for Reconstruction (UAH 1.9 billion) and the relaunch of InvestUkraine (UAH 49 million).