January 2, 2025
"National cashback" brought 0.001% of GDP growth — Ministry of Economy thumbnail
Economy

“National cashback” brought 0.001% of GDP growth — Ministry of Economy

The Ministry of Economy presented the results of state economic development programs for 2024. In particular, the effect of the “National Cashback” program aimed at stimulating consumer demand was 0.001% of GDP.”, — write: epravda.com.ua

The Ministry of Economy summarized the state economic development programs for 2024. In particular, the “National Cashback” program, which aimed to increase consumer demand, provided an increase of 0.001% of GDP. This was reported by the Ministry of Economy, Forbes Ukraine reports. According to the data, the largest increase in GDP – 0.422% – was provided by the program “Affordable loans 5-7-9%”, for the implementation of which UAH 61.8 billion was allocated. The next most influential is the YeOsel program, the effect of which is estimated at 0.056% with financing of 4.7 billion UAH. Advertisement: The contribution of subsidies for agricultural machinery to GDP growth was 0.043%, which is the third most effective indicator with financing of 3. UAH 9 billion. The program “Winter Support” gave an increase of 0.023% of GDP, having a budget of 7.9 billion UAH. “National cashback” with financing of UAH 0.4 billion ensured GDP growth by 0.001%. Advertisement: In general, all state development programs implemented by the Ministry of Economy contributed to an increase in GDP by 0.64%. It is noted that the estimate is given for a year, taking into account the actual funding of programs for 11 months of 2024. Read also: The state will compensate 15% for the purchase of Ukrainian equipment: how the Vovina mizhalya program works. How Zelenskyi’s initiative will work and what the money can be spent on We will remind: According to the results of 2024, the Ministry of Economy predicts GDP growth by 4%, of which 0.64% is the result of the implementation of the “Made in Ukraine” policy.

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