Business news from Ukraine

Entrepreneurs received UAH 181 mln in compensation for employing over 14,000 IDPs

10 January , 2024  

More than 8,000 entrepreneurs received compensation of UAH 181 million last year for employing more than 14,400 internally displaced persons (IDPs), the press service of the Ministry of Economy reported on Tuesday.

The ministry noted that since the compensation is set at the minimum wage, it has increased from UAH 6,700 to UAH 7,100 since January 1 this year, and will rise to UAH 8,000 since April 1.

“In addition, the duration of the compensation payment has been increased from two to three months, and for the employment of IDPs with disabilities, the employer will be able to receive such compensation for six months,” Deputy Minister Tetyana Berezhna said in the release.

As reported, in April 2022, the government introduced a compensation program for employers to encourage entrepreneurs to hire IDPs.

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