"In 2027, the National Cashback program will undergo significant changes," said Kravchenko

In Ukraine, discussions are underway regarding the possibility of extending the “National Cashback” program into 2027. If the decision is approved, the program could undergo significant changes and become more targeted. 

According to Kravchenko, “National Cashback” is being considered as one of the possible tools to support Ukrainian manufacturers. At the same time, the program’s final structure has not yet been determined.

“The ‘National Cashback’ program could be one of the tools to support local manufacturers. We are still discussing the final structure of the program, but we are considering the possibility of changing it,” he said.

If the government decides to extend the program, its format could change significantly. Specifically, this involves directing support more precisely toward specific categories of goods where Ukrainian producers face aggressive imports.

“Examples include textiles, cheese, and so on. The budget could potentially be reduced by a factor of 2.5, resulting in savings of up to 4 billion hryvnia per year,” Kravchenko noted.

Thus, if the “National Cashback” program is extended, the government could reduce budget funding for the program by approximately 2.5 times. At the same time, the plan is to direct funds more strategically toward supporting Ukrainian goods in those segments where domestic producers find it difficult to compete with imported products.

Separately, Oleksandr Kravchenko commented on the “Winter Support” program. The minister emphasized that direct payments from the state budget must be as effective as possible and targeted toward specific goals.

According to him, this is particularly important given that Ukraine’s state budget is funded, in part, by financial support from international partners.

“It is essential for us that ‘Winter Support’ works for the Ukrainian economy: funds must go toward Ukrainian goods and services, not simply toward consumption in general, which can fuel inflation or imports,” said Kravchenko.

At the same time, the minister noted that Ukraine’s economic growth during the war is impossible without social stability. He said that social policy also has an economic impact, as it influences whether people remain in Ukraine and continue to work in the formal labor market.

Earlier, Member of Parliament Yaroslav Zheleznyak reported that the Cabinet of Ministers of Ukraine had not allocated funds for the “National Cashback” program in the draft state budget for 2027.

According to Zheleznyak, Ukraine has spent over 20 billion hryvnia on the “National Cashback” program over the three years it has been in effect.

At this time, a final decision regarding the program’s future and its final configuration in 2027 has not yet been made.

This was stated by Ukraine’s Minister of Economy and Environment Oleksandr Kravchenko in an interview with Forbes Ukraine.

Previously, Alliance Bank and KredoBank joined the “National Cashback” state program. As a result, the total number of partner banks in the program has risen to 22.

The draft state budget of Ukraine for 2027 does not include funding for the “National Cashback” program. In the absence of funds, payments to participants may cease as of January 1.