Ukrainian Prime Minister Denys Shmyhal Emphasizes the Importance of Supporting Businesses During War

Ukrainian Prime Minister Denys Shmyhal emphasized the critical necessity of supporting businesses during the ongoing war, stating that the private sector forms the foundation of the nation's economy. He made these remarks at a forum dedicated to the development of entrepreneurship under martial law, where issues of financial support and the adaptation of businesses to new realities were discussed.

Shmyhal noted that the government has already implemented a series of initiatives aimed at supporting entrepreneurs, including the introduction of loan programs and subsidies. 'We understand that without a stable business, it is impossible to achieve economic growth, so our priority is to support those who work, create jobs, and pay taxes,' he stressed.

The Prime Minister also reminded attendees of the importance of adapting businesses to new conditions, particularly the transition to digital technologies, which allows companies to maintain their competitiveness. 'Today, more than ever, it is crucial to implement innovations and utilize new technologies. This will not only help preserve businesses but also open up new opportunities for development,' Shmyhal added.

During the forum, participants also discussed the importance of cooperation between the state and businesses. Attendees emphasized the necessity of dialogue between the government and entrepreneurs to address pressing issues. 'We must listen to each other; only in this way can we find effective solutions to support businesses during this challenging time,' remarked one of the forum participants.

The context for such events is the ongoing war in Ukraine, which has significantly impacted the country's economy. Many businesses have suffered substantial losses, and the government is striving to find ways to help them survive these difficult times. The Prime Minister underscored that supporting businesses is a priority of state policy, as the stability of the private sector is crucial for the well-being of citizens and the economic security of the country.

In concluding his speech, Shmyhal urged all entrepreneurs not to give up and to continue their work, assuring them that the government would do everything possible to support businesses. 'Together, we will overcome these challenges and emerge from them stronger,' he concluded.