Prepared to forego half of annual labor remittances, the government wants most of the 2 million Ukrainians who came home this spring to stay in Ukraine,
Friday, April 24, 2020


Prepared to forego half of annual labor remittances, the government wants most of the 2 million Ukrainians who came home this spring to stay in Ukraine, Prime Minister Shmygal tells RBK Ukraina. “These are people who would probably be very useful for the development of the economy within the state,” he says. “Therefore, obviously, we must keep them.” In additional to creating public works jobs, the government will launch next week ‘New Money,’ a low interest loan program designed to help returnees start small businesses. “We want to try to keep people in Ukraine, and we will do our best for this,” Shmygal says. “We are not negotiating to take people to work somewhere.”