Zelensky allocates UAH 2 bln for development of small business.

Ukrainian President Volodymyr Zelensky has signed a law introducing amendments to the Law of Ukraine "On the State Budget of Ukraine for 2020" regarding the Entrepreneurship Development Fund, according to the website of the Verkhovna Rada.

According to the page of a respective bill, No. 2589, the document was returned with the president's signature on January 21.

The Law "On Amendments to the Law of Ukraine "On the State Budget of Ukraine for 2020" on Ensuring the Functioning of the Entrepreneurship Development Fund" was adopted on January 14.

The law amended the state budget for 2020. In particular, it is envisaged to increase the revenues of the special state budget fund from the funds from early repayment of bills of exchange of the Deposit Guarantee Fund by UAH 2 billion and to send them to finance a new budget program to ensure the functioning of the Entrepreneurship Development Fund in 2020.

The law is aimed at the implementation of the program of state support for small business in Ukraine, the development of entrepreneurship, the promotion of production, export, import substitution, high-tech manufacturing, energy efficiency, innovation, job creation, small business expansion, creation of new businesses, return of labor migrants, etc.


Related news

Ukraine exports 16 mln tonnes of wheat over six months – expert.

In the first half of the 2019/2020 marketing year, Ukraine exported about 16 million tonnes of wheat, Director General of UkrAgroConsult consulting agency Serhiy Feofilov has stated.

Ukraine's National Bank exploring possibility of issuing e-hryvnia.

Some 80% of the world's central banks today are working on digital currency, the official says.

EBA opposes bill on annual increase in share of domestic raw materials in cognac production to 85% in 2027.

The European Business Association (EBA) has called on lawmakers to reject bill No. 2431 on the mandatory use of domestic raw materials in production of cognac in Ukraine with the annual growth of the share of domestic raw materials to 85% from Jan...


President presents state grants to winners of first startup competition.

President of Ukraine Volodymyr Zelensky has participated in the award ceremony of the first grant contest of the Ukrainian Startup Fund.


Ukraine, EU intensify cooperation on adaptation of Ukrainian legislation in field of SPS measures.

Representatives of the competent authorities of Ukraine and the European Union discussed the current state of implementation of EU laws in the field of sanitary and phytosanitary measures in Ukrainian legislation in accordance with the Association...

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies