The state is investing billions in domestic production through  Made in Ukraine.

Monday, February 17, 2025
The state is investing billions in domestic production through  Made in Ukraine.

The Cabinet of Ministers is financing state programs through the Made in Ukraine economic initiative, which contributed to a 0.64% GDP growth last year. In January the government transferred ₴1.5B to meet obligations to banks under the Affordable Loans 5-7-9% program. Additionally, the Cabinet of Ministers has allocated funding for several initiatives to support the Ukrainian economy:

  1. ₴500M ($12M) to subsidize 25% of agricultural machinery costs, helping farmers to reduce expenses and boosting agricultural machinery production by 10-15%
  2. ₴500M ($12M) for industrial park development
  3. ₴500M ($12M) to support large investment projects
  4. ₴1.64B ($39M) for a 15% cost reimbursement program for Ukrainian equipment purchases and the National Cashback program, which returns 10% of the purchase price for domestically produced products.

In total, the government has dedicated ₴5.1B to programs devoted to its Made in Ukraine economic policy, including ₴2B for humanitarian demining. Also, ongoing support for small and medium-sized businesses through grants and affordable loans continues.

 

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