Government Plans 1bn Fund to Insure Businesses Against War Losses Koretskyi Says
10 Articles
10 Articles
Business Insurance Against Attacks — The Government will find funds in Ukrainian pockets
The Ukrainian government is discussing the idea of raising the value added tax from 20% to 21%. The additional money is planned to be sent to a special fund that will insure businesses against war risks. According to local estimates, Ukrainian business losses from the fighting in 2026 may
The government considers a 1% VAT increase as one of the most realistic ways to replenish the insurance fund for Ukrainian businesses. The maximum payout can be $10 million per company or group of companies.
The government plans to use public premises for business, simplify logistics across the border and create a mechanism to compensate for up to 40— 50% of losses from Russian attacks
Russia has focused on attacks on Ukrainian businesses. As a result of the shelling, the state budget of Ukraine may not receive about 70 billion hryvnias.
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