Business news from Ukraine

Business news from Ukraine

FOR 2022 SOCIAL POLICY MINISTRY PROVIDES FOR UAH 319 BLN

5 December , 2021  

The state budget for 2022 provides for UAH 319.2 billion of financing to the Ministry of Social Policy.
“On December 2, the Verkhovna Rada passed at the second reading the law on the draft state budget for 2022. The Ministry of Social Policy envisages expenditures in the amount of UAH 319.2 billion to finance social programs under 30 budget programs,” the press service of the Ministry of Social Policy said.
In particular, UAH 200.6 billion is provided for pensions, additional payments to military pensioners, recalculation of pensions for liquidators of the Chornobyl nuclear power plant accident, expansion of the president’s program for age-related additional payments to pensions, and establishment of a minimum pension payment for people over 70.
Also, over UAH 38 billion will be allocated for the program of benefits and housing subsidies, and UAH 66.6 billion for social benefits.
In addition, the program of social protection of citizens affected by the Chornobyl disaster has been increased to almost UAH 3 billion.
Among other things, in 2022, about UAH 2 billion is provided for technical means of rehabilitation for people with disabilities.
“The state budget for 2022 provides for targeted social investments. In particular, almost UAH 100 million will be allocated for a new program that will help low-income families start their own businesses and gain economic independence,” the statement said.
Also, the budget provides for UAH 235.9 million, which the state will provide in the form of a subvention to communities for the development of a network of support and social services for victims of domestic violence.
In addition, local budgets will receive UAH 810 million to provide housing for orphans and the development of family forms of upbringing in 2022.