Investor Presentaiton slide image

Investor Presentaiton

Budget-financed economic stimulus package Benchmarking of peers' Covid-19 budget-financed stimulus packages as % of GDP Governments globally have introduced a comprehensive and ambitious set of policy responses with an aggregate amount of fiscal packages being close to US$ 9.9tn (or 11.4% of global GDP as of end-2019) with about 80 countries adopting budget-financed stimulus of at least 1% of GDP 5.0% 4.4% 3.7% 2.7% 2.1% 1.6% 1.6% 1.5% 1.0% 0.8% 0.8% 0.7% Lithuania Czech Bulgaria Poland Republic Georgia Ukraine Egypt Turkey Slovak Morocco Romania Albania Republic C⭑ + + + + Ukraine's committed fiscal package to Covid-19 economic and social impact is broadly comparable with those of its peers in terms of the response fund size as % of projected 2020 nominal GDP Out of the UAH 65bn of Covid-19 response fund, decisions for disbursement have been made for UAH 27bn (c.42%) on non- refundable basis and UAH 1.3bn (c.2%) on refundable basis, as of June 1, 2020 The financing from the Covid-19 response fund is directed towards: Purchase of goods and services for prevention of Covid- 19 spread, including medical services within the program of state guarantees for medical care of population Increase of salaries of medical and other workers directly fighting with Covid-19 One-time financial assistance to families of medical and other healthcare workers who have died due to Covid-19 Provision of financial assistance to socially vulnerable categories of population, in particular elderly Refundable and non-refundable financial assistance to Social Insurance Fund of Ukraine and Compulsory State Social Insurance Fund of Ukraine for Unemployment Replenishment of the reserve fund of the state budget BA July 2020 Sources IMF, CMU, Ministry of Finance 16
View entire presentation