Business news from Ukraine

UKRAINE’S STATE STABILIZATION FUND WILL BE UAH 200 BLN

Ukraine’s Prime Minister Denys Shmyhal has stated that the stabilization fund of the state will be about UAH 200 billion.
“We are creating the state stabilization fund, its size will be about UAH 200 billion. This will be absolutely enough to provide pensioners, those who today will need help due to job loss,” Shmyhal said in the Svoboda Slova (Freedom of Speech) program on ICTV Channel.
The prime minister emphasized that the state has resources for such expenses.
Among other things, Shmyhal noted that in the near future an expert strategic council will be created to make solutions that will allow going through the crisis most mildly and begin developing after its completion.
The premier noted that at the moment Ukraine is more prepared for a possible crisis than in 2008.

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