The budget of Ukraine for 2026 includes 1 billion hryvnias to compensate for war risks to Ukrainian businesses. This was announced by Minister of Economy Oleksiy Sobolev during a forum in Kyiv. The launch of a special program is planned for the beginning of next year.
This is reported by Business • Media
Insurance for Enterprises in Frontline Regions
According to the minister’s statement, starting January 1, a program will begin to compensate insurance rates for all enterprises in the country, along with a separate initiative for businesses operating in frontline regions. The implementation of this program will be ensured by the Export Credit Agency, with a total state funding of 1 billion hryvnias.
“Starting January 1, a program will be in effect to compensate insurance rates for the entire country and a separate program for frontline regions through the Export Credit Agency. A total of ₴1 billion has been allocated for this in the budget,” Sobolev clarified.
Compensation Conditions and Possibility of Increased Funding
The program covers enterprises located within 50 kilometers of the front line. Businesses will be able to receive compensation of up to 10 million hryvnias for damaged or destroyed property. The insurance rate will be only 0.5%.
In the event of increased demand for this program and insufficient allocated funds, the government will consider the possibility of additional financing. This could occur either by reallocating resources within the Ministry of Economy or through the reserve fund. Sobolev noted that if necessary, the government will appeal to parliament during the budget review to ensure the continuity of the business support program amid the war.