Social News XYZ     

Ukraine to provide more financial aid to private sector

Ukraine to provide more financial aid to private sector

Kiev, June 2 (SocialNews.XYZ) Ukraine's Cabinet of Ministers has allocated additional 1.4 billion hryvnia (around $51 million) to support private entrepreneurs and employees suffering from quarantine restrictions during the pandemic, local media reported on Tuesday.

The decision to provide more financial support to business was made by the parliament on March 30, the Xinhua news agency reported.

 

According to the bill approved by the parliament, entrepreneurs and employees who have suffered from the quarantine restrictions during the pandemic can receive additional one-time financial aid valued at 8,000 hryvnias ($292).

In December 2020, Ukrainian President Volodymyr Zelensky signed a law supporting citizens and entrepreneurs affected by the Covid-19 pandemic with one-time financial aid worth 8,000 hryvnia.

Source: IANS

Facebook Comments
Ukraine to provide more financial aid to private sector

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz