this means that a third of pensioners' pensions will lose their purchasing power, i.e. the purchasing power of a pensioner will decrease by at least a third . this is the average temperature of the police car, and some social goods and services may become more expensive by 50-780% or more, that is, i think that the real loss of pensioners' ability to pay will be at the level this year 50%, i.e. half of the pension under these conditions, at least 20-30% for pretexting, and the international monetary fund will demand to do so today, so i think that the best model for us is the continuation of interstate cooperation. well, for example, the european union is now launching the so -called monetary transmission mechanism, it is called the bond repayment account of

rich european countries such as france, germany, they are occupying the debts of weak european countries, such as greece, italy, spain and so on well, for those who have financial problems, we need to say that if we are already integrated into europe, well, we should be included in this, we can also count on these funds to allocate some segment of this program to us, so that the european union will include its program in order to, well for example, the same bonds of our ministry of finance, and the european union could buy and give us money, it is not free money, but it is at least at a low interest rate and for a fairly long time. to continue cooperation with other countries and regarding obtaining direct guarantees and subsidies, this is the right way because the international tape recorder - it will be very strict credit terms of this program . by the way, mr. yaroslav, i want to ask. after all, it will not be

confirmed what will be waiting for us then. well, it must be said that actually he is not the only donor of ukraine and here there is uh, let's say so, the readiness expressed by the country of the european union, we provide a ball financial aid to well, in principle, i think that it will simply be a subject for continuing the dialogue and then negotiations with them. that is, what is important is that they are not critical, yes, they are critical, but equally critical funds from other structures, not in case there will be smaller from one source, then it will be necessary to concretize the research from another. today, we have, at least, declarative assurances from our european partners that until the end of the war, they will provide assistance to ukraine. well, actually saying, i hope that by the end of the war, after all, the question of air conditioners, that is,

the conditions of tension, we are given help, they can be discussed, discussed. that is, i do not think that the international monetary fund during the war will still, uh, put forward any demands to the macro financial balance, because, in fact, it is simply impossible to be more balanced in these conditions, but we must understand that the longer we accumulate this gap, the more serious the task will be to overcome it because, thank god, the war is ending, i hope that we will win, but this gap was in the price of, say, the same natural gas, let it decrease, if gas is important, but it will not return to the pre-war period, the work will have to be overcome, and other fixed for the period winnie the prices yes the very uh, that is, it is about what we should, as far as possible, firstly, now even continue the general attitude towards reforms that should still preserve the market foundations in the key

factors of the economic sectors of ukraine, and secondly, when today we are building a post-war reconstruction strategy, we know that the national reconstruction plan is currently being finalized after the review. alternative sources and so on and so on, here is this moment of a strategic nature, it must be taken into account and already exist. war, we have that money, it is already us without extra payment, so let's not think about it today, we have to think about how we will rebuild macroeconomic balance, and after the war, it will be necessary to rebuild not only the economy, but macroeconomic balance, mr. yaroslavovych - this is what we give loans to we have to pay back

, in particular, to the international monetary fund, i have a question as to how many generations this debt mess will last, taking into account the fact that our public debt is already up to 100% compared to volumes of our gdp well, it is quite difficult to calculate our generation here, because uh, you have to look at the payment calendar, so to speak, we do not currently have such long-term enemy commitments planned. because at the moment, after all, it is necessary to first of all understand that maintaining the micro-economic balance is the key, and we do not and should not spend excessively, so to speak, but at the same time should think about the fact that this is really what we spend today, it should not only join consumption after the current regime, but as much as

possible should already today remember the principles of future structural changes. let's continue, and oleksiy kushchik continues to be in the studio with us, financial analyst, home, information, the budget deficit is caused by a full-scale war against of ukraine forces the authorities to revise certain taxes and fees, and since july, the verkhovna rada, on the initiative of the cabinet of ministers, resumed the collection of value added tax on imported goods, in particular, tax benefits for the import of passenger cars into ukraine and with foreign registration were canceled. in early august, it became known about the authorities' intentions to introduce a ten percent tax on the sale of foreign currency to companies that transport goods to ukraine, this meant an increase in the price of imported products by at least 10%, but at the same time reduced inflationary pressure on the exchange rate hryvnias, the government also prepared a bill on the

return of excise duty on motor fuel in the cabinet of ministers, they calculated that this will provide uah 2 billion of additional monthly revenues to the budget, the return of excise duty on fuel was announced by the minister of infrastructure of ukraine, oleksandr kubrakov, according to him, these funds are necessary for the restoration of the infrastructure destroyed by the russian invasion, however, to increase excise tax on fuel up to the minimum level of €350 per thousand liters determined by the eu directive will not be immediately after a certain kubrakov says this will not happen so soon and the government understands how difficult it is now for people and business p oleksiy what do you think, after all, if they return the excise tax on fuel, what will be the price tags at gas stations? the level of

the debt-to- gdp ratio is already being set to 100%, so the only way out in this situation so that many, many generations of ukrainians do not fall into a debt pit is the current restructuring of the write-off of part of the state debt that had to do the ministry of finance since march and it still has not done this very important task that must be solved at the political level because the ministry of finance at its own at its own level for some reason cannot solve this issue, it must be political will and ukraine needs not only the restructuring of a part of the debt for 15-20 years, but also writing off at least 50% of the debt load and reducing the debt service rate from seven percent to 2-3%, in order to reduce both the amount of the debt itself and the cost of servicing this debt is therefore a question that will really decide the fate of the future generation of ukrainians. we now have a historic window of opportunity to

write off at least half of the debt by 50% and simply get out of this, well, get out of this debt as far as excise taxes are concerned. in principle, when they started to introduce these benefits from the bottom of the vat, excise taxes were reduced, i wrote then that this will not have a negative impact on the budget and will not give anything from the point of view of reducing prices for gas stations why? because it is a fuel, it is a product with a very specific elasticity of demand. what does this mean? well, who studied mika understands economics, and so for the general public of our viewers, i will explain that if, for example, there are certain products that have no substitutes. well, what if we take fuel is actually a car. and this substitute can be either an electric car or switch to gas, but if you have a gasoline engine in your car, you will not have any substitute. if, for example, you are a diesel-powered car, there will be no substitute.

forced to buy gasoline at any price because you have, for example, a certain number of trips. well , you have to go pick up your family, for example, bring them there or go there for business there, yes, that is, there is a certain number of trips that you are forced to make and therefore you will buy fuel at these prices at the price that will be at the gas station even if you have no money. you will borrow somewhere . but you will buy this business because you have to go. this means that if the product has a particular elasticity of demand is this product will be sold on the market at the highest price, that is, the price that is the highest that the consumer can pay, that is the price at which this product will be sold, that is, we see a gas station there at 50-55 uah per liter for the highest price that ukrainians can pay, and this price will be regardless of whether is there no tax in the structure of this price, and the only difference is that if there is a tax in the structure of this price, after paying several thousand there

for the fact that my car tank was filled, i will console myself with the thought that, for example, a few hundred hryvnias went to the budget and, accordingly, to the army and e this is if there are taxes and if there is no tax - this is in fact, this is the entire amount that i paid at the gas station , it will go into my pocket as excess profit and or uh, a large original income of uh, the owner of this gas station, that's why there is a difference between uh, taxes, well, the difference the only question is whether the state will take taxes for its development or not, and the price, in principle, will remain as high as possible. now we will add to our broadcast alina sokolenko, the head of the association of experts on sustainable development, ms. alina. congratulations , both about development, but in the context, about recovery economic recovery, we want to talk about it, there is a forecast from the ministry of economy of ukraine that next year the economy may stabilize

and even grow by 15%, in your opinion, how real is such a forecast, our country is doing this, it may be impossible for the economy to really recover and was restored in accordance with international principles and really, our authorities are really trying to create all the conditions for this so that the economy is really restored, so it is necessary to also mention the historical precedents that there were similar countries and ukraine, which were also under the influence of huge crises. in particular, if you compare ukraine with the same one with bosnia , then they increased the gdp by almost 8%, but this lasted from 1997 to 2006. croatia increased its development by four and a half percent also in the period from 1994 to 2003. faith, when, of course, the situation was a little better, but

there it was connected with oil in relation to ukraine . it is possible precisely in the case of scoordinability policies, especially the economic policies of the country, also with the support of donors and partners. of course, it is possible. but again, we have to cooperate very much in order for the economy to recover. thank you. thank you . the ukrainian economy in the conditions of war, in order to support national business, the government introduced a number of programs to stimulate business activity, so the program is work, it provides non- refundable grants to entrepreneurs who seek to develop their business or start a new one , the ministry of economy believes that this will create more than 300,000 new jobs. the agricultural policy has introduced a state agrarian register

. by registering in it, farmers get access to all agricultural support programs and can apply for them online. the state credit program is ongoing . 5 7 9 it has already provided 46,000 loans for a total amount of over uah 133 billion. and in order to improve the legal protection of investors, the government plans to introduce british legal norms for new investments of 15 million hryvnias, coffee shops, retail trade and beauty salons, this is exactly the type of business ukrainians want to invest micro-grants in. in a month and a half, ukrainians submitted more than seven and a half thousand applications for the program from the state, mostly from kyiv and the region for the leaders of dnipropetrovsk region and after it lviv region, let me remind you that work is 6 state programs that will make it possible to create tens of thousands of businesses and hundreds of thousands of jobs. ukrainians can receive micro-grants for new

business with its expansion, startups and many other things, i will remind you that we are here with oleksiy kushchuk in the place of financial analytics via skype with us elina sokolenko, the head of the association of experts on sustainable development oleksiy, this is exactly what we talked about, that it is important that states although it seems that it is an expense that she gives out money, but then she receives it back in the form of taxes, this is actually the economic effect, in particular, of this initiative is work uh, well, look, we have already determined with you that this is not to wipe out this income, and that is why it is the key difference is, secondly, in this format, it seems to me that there is a weaving of two contradictory ideas. that is, it is called a job. in fact, it is for creating one's own business, that is, we must understand that a-a philosophy, well, behavioral philosophy on the market e.e. an entrepreneur and a hired

employee are completely different things, that is, a person or an entrepreneur, that is, who will fall into his business, or he is simply looking for a job to receive a salary , you cannot mix incentives in these two directions, that is, if we are talking about creating jobs, this should be a separate state program . by the way, during the war, the united states showed examples of the creation of an internal labor front. they were called the internal labor front of the united states . these programs provide for the creation of new jobs, well , that is, they must be created by the person who creates the business. yes , but in principle, then it is not work, it is entrepreneurship, for example, it should have been because uh if we are talking about an enterprise, an enterprise, well , an entrepreneur can work himself, only a member of his family can work. he can not create additional jobs because a micro-enterprise is, first of all, a family business, there is a wife, a husband, there are children, but there

are no new jobs. therefore, i believe that there should be a systematic program of job creation and it should be in the concept of the internal labor front and it should be a fairly massive program because now there are a lot of people, including temporarily displaced people people who have actually lost their jobs and the state has to create programs to employ them well , i didn't invent a small example for you, but in kramatorsk a there is one of the largest mechanical engineering plants. how do they say the plant which produces equipment for factories, a factory for factories, it was called the kramatorsk machine-building plant, it is now withdrawn for the needs of the army because, of course, there can be no production there. well, the city is preparing for defense, and everything is in practically all the workers are now temporary transfer of a person, etc. they should immediately fall into a special state program. because this is a unique labor collective with unique technological professional skills, they can be

taken and within the framework of a single labor collective, moved, for example, to another city, to create industrial platforms there so that they can be immediately launched into some kind of production, i.e. we cannot lose such personnel because they will leave and in fact we are losing our human capital. moreover , there are many people who are now temporarily displaced. people who, in order to somehow get busy because they work in various volunteer organizations, they weave nets there, they are engaged in the storage of what kind of cargo there, for example, the state can pay them at least at the level of my minimum wage, so that people have at least some money, and entrepreneurship should be separate already cluster, separate care of the state , and here already entrepreneurship, they no longer depend on state guarantors, but on what we can talk about from the internal sport of paying the able demand, will people in ukraine have the money to to buy their goods and services because it is possible to give out grants. and then to screw up pensions , screw up social transfects, and they pay wages to people, then in fact, who will

buy the goods of these entrepreneurs? they are not - they do not work for export, they work for the domestic market who will go to the coffee shop? who will go to some other service centers? if he doesn't have money to the barber shop. who will go? well, people will start getting haircuts for a dollar at home. yes, they will cut each other's hair for six, and there will be coffee in the kitchen there. to brew for yourself and in order for people to use this money in the economy of micro-entrepreneurship, for this it is necessary to launch this model of professional economy, that is, here only the distribution of these guarantors is not enough, do you have friends who took advantage of this offer from the state in particular and received of course, i would just like to talk about the program in more detail, because our association of development experts together with our other partners, in particular the association of entrepreneurs of industrial automation of ukraine also, the unions of small and medium-sized privatized enterprises of ukraine made a

large-scale study of the business itself. it lasted for several months, and without a doubt, each of our experts, in particular, 30 people there, engaged in very active communication with the businesses of the so -called e-e with our entrepreneurs who were just affected. from the war from the hostilities and the fact that the results were impressive directly for us why because we saw what is the real need uh currently in modern business it is now about mainly about small and medium-sized businesses and because if it is more or less clear with large businesses and still there are good partners, external e-e funds are involved and so on, for small and medium-sized businesses it is a key link, it is a critical link. maybe it is that we saw that the majority of respondents , in particular, and 80, were surveyed, about a thousand respondents, and according to the survey, we found out that 88.8% really need financial assistance, financial assistance in various e-e options,

both the attraction of grants and the attraction of financing in the form of investment loans and so on, another part of the respondents spoke specifically about consulting support, and here the paradox turned out to be that when we consider financing and attracting grants and loans - these are different tools . if a tooth hurts yes, stop the pain now, but it will not cure the problem in the same way with grants, grants do not solve problems, grants provide certain help here and now in order to either restore or retrain your business or one to make some new connections, yes, in order to stimulate the economy, we need credit, we need to raise investments, and it is investments that encourage entrepreneurial activity, mrs. alinona, how much is it realistic

to attract investments in war conditions, this is all very real, we talked also with a number of banks of ukrainian international banks, there is one open question: is the ukrainian bank ready for ukrainian entrepreneurs to receive these investments, because if we are talking about the recovery of the ukrainian economy, we we are talking about general principles and synchronization with european legislation, so today e-business shows that it is not ready to receive financing, in particular international investments, because there must be a number of different rules and conditions according to european directives according to european legislation, and when we apply directly, our experts communicated with every entrepreneur was a participant in the survey, most of them really want to receive investments in them, so in particular there are 60%, these are the respondents

who specifically wanted investments, not grants, but investments, but they do not understand the difference between grants and investments, and there is a colossal mistake , yes, investors are ready to invest. there are international certifications if there is international understanding if there is the rule of law that is, we should not only talk about funds, we should also talk about all the risks and related social and environmental risks and so on today, if we look geopolitically. yes, we have threats that were stimulated during the wars, but no one has taken away the threat of climate change, no one has taken away the threat of automatic independence, no one has taken away other threats. in the european language, we have to take into account other

threats that the world faces, and if we level them accordingly, we will say yes, ukraine will disappear more and more from a number of issues that currently arise in the european union in america and so on, just look in geopolitics, so what america has done recently, america is actively increasing oil production. but again , on what principles are they increasing the increase precisely on the principles of the green economy, so what is happening in ukraine in terms of the green economy , we are all still we require funds, we are looking for additional financing and so on, but we also need to refer specifically to trends and include them as well as receiving international investments, they will be according to the relevant rules, they can be obtained but for it is really necessary to consult, to increase the understanding of international principles. it is also necessary to implement the activities of not only large companies, but also small and medium-sized

businesses, so we need to work more together, all together, in order to really raise this understanding of european legislation yes and european legislation yes and draw out your processes. oleksiy, i want to ask, did we choose the right direction, based on what exactly our support and financing programs are aimed at, in particular, which sector agro-business is the agricultural sector. well , we have agro-business, by the way. and here you can combine the problems that arose during the war, and these are logistics and export problems. and by the way, you can connect all this to the green agenda that is currently in europe to exchange rate, in which context, our ukraine should now move from exporting large physical volumes of raw materials to exporting large added value, because logistically it will be very difficult to move these tens of millions of tons of grain, iron ore

, metal, etc., we have lost part of the ports part of the batches is blocked, the part works outside the borders, that is, increasing the added value, it reduces the physical volume of exports, is it possible to do, for example, instead of grain, export white ethanol , that is, biofuel, or instead of rapeseed , export biodiesel, and in fact, this is already a combination and a solution to our problems related to logistics, that is, we solve the logistics problem , we increase the added value as an export, and we are fully included in the green agenda, because biofuel is part of the green course of the green transition that exists in europe, we can receive under it the so-called green investments, including from european energy, i completely agree with the reactions of these investments, they will be much more interesting for ukraine, since they have a correspondingly lower credit rate . longevity and they stimulate a real increase in economic activity. thank you, alina

, for joining our broadcast. together with us in the studio of the tv channel, it's on the air of the general national marathon, the only news was working olga nemtseva, i'm maksym zborovskyi , let's switch , lazy, lazy, and our work is righteous, holy, because who 's for what ? a step away

from danger, more than two thousand kilometers have been traveled along the front line, the commander of a reconnaissance group with the call sign "manolo" risks his life every day, and every day he says, "i am not tired, i am not tired of defending ukraine, he sees as if in the dark " during the day he can hear his brothers for kilometers around him, he knows how to move quickly over any terrain, his body

is reliably protected, which makes him less sensitive and more confident, and he looks at the enemies, he was on the cockroaches of the bird’s flight for 8 years in a row, you and i provide our defenders with what keeps their lives on the front lines, our priorities are day- night and thermal imaging optics, communication, off-road vehicles, individual protection and technical means of intelligence, join the fundraiser and let the next night be calm for everyone except the occupants in the cabins planes behind the monitors of radar stations at the control points of anti-aircraft missile systems at thousands of combat positions throughout the territory of our country, they are bringing victory closer every day. kudos to the air force of the armed forces of ukraine, we will convince , we will outplay, we will win that you are not news, together we are strong, only news, together we are strong, the armed forces need

drones, make them yours contribution our weapon is the truth in the studio of the channel council we continue the only moment concisely about the main topics fun the only news in the center of events fourth morning ukraine on time wine in on the air of the general national 24-hour marathon of the leading tv channels of our country, the only news of it together my name is andrii sinisen so we are starting again enemy flights in the center of kharkiv, the russians targeted the kyiv district , a three-story administrative building was partially destroyed, the crime of the occupiers is being recorded, law enforcement officers are being installed, and the type of rocket was reported in russian by the head of the region, oleg senigov, according to his data , there were no casualties from the words of mega kharkiv igor terekhova, two shots were fired in the city center russian missiles a vnasli