The Cabinet allocated another 2.4 billion for payments under the "National Cashback" program

The Cabinet allocated another 2.4 billion for payments under the "National Cashback" program

The government of Ukraine has allocated 2.4 billion UAH from the state budget reserve fund for payments under the "National Cashback" program, as well as 200 million UAH for payments under the program compensating the cost of Ukrainian industrial equipment.

This was announced by Prime Minister Denys Shmyhal at the government meeting on June 4.

"Today, we are allocating 2.4 billion UAH from the state budget reserve fund for payments under the ’National Cashback’ and 200 million UAH for payments under the compensation program," Shmyhal noted.

He emphasized that the programs "National Cashback" and the compensation of the cost of Ukrainian industrial equipment ensure consistent demand for Ukrainian products.

According to Shmyhal, it is expected that in 2025 the share of Ukrainian equipment on the domestic market will increase by 5%, and up to 80 new types of equipment will be launched into production.

Shmyhal also noted that since the beginning of the full-scale war, Ukrainian entrepreneurs have received over 313 billion UAH in loan funds under the "Made in Ukraine" program. Thanks to concessional loans, businesses make investments, finance working capital, establish processing, and restore damaged capacities, the Prime Minister emphasized.