#Insurance Fund

News tagged with #Insurance Fund

Kyiv considers raising VAT to create a $2–3 billion insurance fund: what is known

Economy 09/12/2026, 15:15

Ukraine's Economy Minister Oleksandr Kravchenko stated that the Cabinet of Ministers is considering raising VAT to create a $2–3 billion insurance fund. No final decision has been made, but the option is regarded as the most realistic for quickly mobilizing funds.

Ukraine Prepares a Multi-Billion-Dollar Insurance Fund to Save Businesses from the Aftermath of Shelling

Economy 09/12/2026, 14:09

Ukraine's Economy Minister Alexander Kravchenko stated that business losses from Russian attacks could reach 10 billion dollars in 2026. The Cabinet of Ministers is preparing a "first loss" insurance fund with coverage of up to 10 million dollars per enterprise, which may be funded through a VAT increase.