Ukrainians will get up to 15% back on fuel: how cashback will work

Ukrainians will be able to receive up to 15% cashback for purchasing fuel at gas stations. The funds received will be credited to a special card and used to pay for Ukrainian goods and services.

This was reported by RBC- Ukraine , citing a statement by Economy Minister Oleksiy Sobolev during the government’s question hour and the website of the National Cashback program .

According to the minister, the state will refund drivers from 10% to 15% of the cost of fuel, depending on its type. The funds will be credited to cashback cards , after which they can be spent on Ukrainian- made goods .

Sobolev noted that the program has two key objectives: to support consumers and stimulate demand for Ukrainian products.

According to data for February, Ukrainians spent about 75% of the funds received on paying for utilities . The minister emphasized that people use cashback mainly for basic needs.

The Ministry of Economy estimates the total volume of the new cashback program at approximately 3 billion hryvnias. The funds will be redistributed within the ministry’s budget .

What can you spend cashback on ?

Funds from the National Cashback card can be used to pay for:

• utility and postal services

• charity and support of the Armed Forces of Ukraine

• food products

• books and printed products of Ukrainian production

The program’s website reports that some of the new categories have already been opened for use. Ukrainians can already spend cashback on books and medical supplies.

At the same time, the list of grocery stores where you can use funds from the National Cashback card is still being formed and will be gradually updated.

It was previously reported that the program to support Ukrainians, which the government is preparing against the backdrop of a sharp increase in oil product prices, will last several weeks.

Recall, fuel market expert Serhiy Kuyun warned that the cost of diesel fuel in Ukraine has increased, and in the future the price may reach almost 90 hryvnias per liter .