Supporting national producers is a matter of ensuring the country’s economic stability and military security. “Buy Made in Ukraine” should not be a slogan, but a practice. This was stated by Yuliia Svyrydenko, First Deputy Prime Minister and Minister of Economy of Ukraine, during a meeting with representatives of companies in the energy sector, manufacturers of power equipment and the machine building industry.
“Supporting domestic business is a priority for the Government. Ukrainian business ensures macroeconomic stability and provides for our Army. Half of the country’s budget expenditure is financed by domestic companies that pay taxes. We need to support them and encourage their development. Ukrainian companies and Ukrainian consumers invest in the growth of the national economy and its competitiveness by buying domestically produced goods. The call ‘Buy Made in Ukraine’ should not be a slogan, but a practice,” said Yuliia Svyrydenko.
The First Deputy Prime Minister stressed that orders from state-owned enterprises should go to domestic producers as much as possible, especially now, during the war. She called on large state customers to publish their procurement plans in advance so that companies could prepare and offer their products to fully meet their needs.
According to Yuliia Svyrydenko, the Ministry of Economy is also ready to support domestic business, in particular by providing access to financial resources and simplifying the regulatory environment. In particular, the Ministry is currently preparing amendments to the Affordable Loans at 5-7-9% programme, modernising it to meet the needs of manufacturing companies, which will be able to obtain larger loans for a longer period.