Issue 6: Supporting Businesses During the Pandemic: National and Municipal Responses

To address the challenges posed by the pandemic, various government measures have been taken at both national and local levels. In order to withstand the economic recession, almost all countries, including Ukraine, have introduced significant fiscal stimulus packages. Exclusively for the 2020 fiscal year, the Government of Ukraine created a stand-alone budgetary program under the Ministry of Finance to fight the pandemic, with an overall budget of UAH 80.9 billion (or 2% of Ukraine’s 2019 GDP).