Automatically translated version. May contain inaccuracies compared to the original.
The government is considering changes to the mechanism of partial compensation for the cost of property and insurance premiums against war risks.
The ministry said that they have prepared and sent to the government for review changes to Cabinet of Ministers Resolution No. 1541. The program could cover new regions and significantly expand support for the fuel sector. Specifically, proposed changes include: Geographical expansion: the State Arsenal of Support plans to extend to businesses whose property is located in Kyiv and the Kyiv region. Support for filling stations (gas stations) and oil producers: A separate block of changes concerns the fuel sector. The list of objects that can be insured against war risks is proposed to be expanded to include fuel storage tanks, fuel stocks, fuel in transit, and special transport (fuel tankers, etc.). Greater compensation: The maximum rate of partial compensation of insurance premiums from the state budget is planned to be increased to 5 million hryvnias. The document is currently under government review. Once the Cabinet approves the corresponding resolution, the official text and approved changes will be published on the official website of the CMU.
As a reminder, the Cabinet is also considering the possibility of creating a special insurance fund to help businesses affected by attacks from the Russian Federation. To fund it, they plan to, among other things, raise the size of the VAT. The expected VAT increase is already reflected in the draft state budget for 2027 year. The government proposes to raise the tax to 21%. But this will require changing the legislation. As explained by the Minister of Economy, Oleksandr Kravchenko, Ukrainian business may incur losses due to Russian strikes amounting to 10 billion dollars.
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