Ukrainian Prime Minister Denys Shmyhal has announced that the government will allocate over 40 billion UAH from the budget to stimulate economic activity and support Ukrainian entrepreneurs. This move comes as part of the government's efforts to promote economic recovery and growth in the country. Minister of Economy Yulia Sviridenko also mentioned the sum of 500 million dollars from the World Bank that will be used to support businesses [c681b056].
However, not all entrepreneurs are satisfied with the government's support. Alona Lebedieva, the owner of the Ukrainian diversified industrial-investment group of companies 'Aurum Group', has criticized the government's lack of planning and coordination in providing support to businesses. She emphasizes that businesses need security guarantees and protection against the arbitrariness of law enforcement. Lebedieva also highlights the need for tangible changes and protection from baseless criminal proceedings. She believes that the behavior of the government towards entrepreneurs will impact the speed of Ukraine's Eurointegration [c681b056].
Despite the criticism, the government has taken steps to support businesses. The creation of the Business Support Council has been seen as a positive development in providing assistance to entrepreneurs. However, there is a call for more concrete actions and protection for businesses to ensure their growth and success in the Ukrainian market [c681b056].
The Ministry of Economy in Ukraine has introduced the 'Pulse' platform, allowing entrepreneurs to lodge complaints and leave feedback on state bodies and officials. The platform is currently undergoing beta testing and aims to create transparency, accountability, and efficiency in addressing entrepreneurs' concerns. Entrepreneurs can register using an electronic signature, Bank ID, or Diya.Signature, and fill out a short or long form to assess the quality of government bodies and report problems. The complaints will be processed by the government contact center or the Business Ombudsman Council, and the response will be sent to the entrepreneur's personal account on the 'Pulse' platform [36d8508b].
Meanwhile, in Belarus, President Aleksandr Lukashenko expressed his support for extending family capital payments during a meeting with activists of the Belarusian Women’s Union. The family capital program, which provides financial assistance to large families, is set to finish this year. Lukashenko emphasized the effectiveness of the program, noting that the number of large families in Belarus has increased from 63,000 to over 122,000. He stated that it is necessary to reverse the declining birth rate and pledged to continue supporting large families. However, he emphasized the importance of ensuring that the funds are used appropriately and called for local control over families who receive the payments. Lukashenko also mentioned that the issue of housing for large families has been resolved and that the military will be the next focus for support [1f7ad014].
In a recent statement, President Lukashenko emphasized that any financial activity in Belarus should serve the interests of the economy. He highlighted the importance of the economy as a top priority and stated that the financial system should support it. Lukashenko announced tougher control over the National Bank and a new decree that amends rules regulating sponsorships in Belarus. He also expressed interest in closer ties with Jakarta and mentioned the success story of a Minsk plant that explains why he values the Soviet legacy [5a9cf092].
The extension of the family capital program in Belarus reflects Lukashenko's commitment to supporting large families and reversing the declining birth rate. The program has been effective in increasing the number of large families in the country. However, Lukashenko also emphasized the need for appropriate use of funds and called for local control over families who receive the payments. He mentioned that the issue of housing for large families has been resolved and that the military will be the next focus for support [1f7ad014].
In Russia, the finance ministry has extended a subsidized mortgage program for families until 2030 following an order from President Vladimir Putin. The program allows families with young children to obtain mortgages at 6% interest. The extension was a key part of Putin's social pledges in the run-up to his re-election in March. The finance ministry estimated that extending the program would cost an additional 1.5 trillion roubles ($17.2 billion) over the next six years. The Bank of Russia's key interest rate is currently 16% and is expected to be raised on July 26. The ministry said that additional expenses for the family mortgage program will depend on the level of the Bank of Russia's key rate [21053ada].
The Ministry of Economy in Ukraine has introduced the 'Pulse' platform, allowing entrepreneurs to lodge complaints and leave feedback on state bodies and officials. The platform is currently undergoing beta testing and aims to create transparency, accountability, and efficiency in addressing entrepreneurs' concerns. Entrepreneurs can register using an electronic signature, Bank ID, or Diya.Signature, and fill out a short or long form to assess the quality of government bodies and report problems. The complaints will be processed by the government contact center or the Business Ombudsman Council, and the response will be sent to the entrepreneur's personal account on the 'Pulse' platform [36d8508b].