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Economist Oleg Ustenko Condemns Universal Fuel Rebate as a Flawed Policy

Економіст Олег Устенко критикує підтримку загального потоку пального як недолік у державній стратегії.

Government Initiatives Face Scrutiny

Economist Oleg Ustenko, speaking on political analyst Yuriy Romanenko's broadcast, criticized government initiatives proposing universal support programs, such as a general fuel rebate. Ustenko argues these measures are ineffective given the current budget deficit and inflationary pressures, advocating instead for more targeted aid to vulnerable population groups. This debate comes as Ukraine's government seeks to balance economic support with fiscal constraints.

A Call for Targeted Assistance Over Universal Rebates

While the government program includes plans for a universal cashback on fuel and lubricants, Oleg Ustenko labeled the idea

“absolutely wrong.”
He stressed that the state has limited resources, and support must be concentrated on those who genuinely need assistance.
“Why the hell give support to everyone at once when you have those who simply will not survive? They just won't survive under the current outlook. We need to focus on them,”
the economist noted.

Ustenko emphasized the necessity of targeted aid for vulnerable groups such as:

  • single mothers raising a daughter or son;
  • pensioners living on a minimal income.

In his view, these population categories require special government attention, as universal support programs cannot solve the specific problems they face. The expert thus calls for a revision of social policy approaches amidst economic instability. His critique highlights a broader tension between broad-based relief and precise, needs-based aid during a crisis.

Oleg Ustenko's remarks underscore the importance of adapting social programs to the population's real needs, especially during an economic crisis. The effectiveness of state support could improve significantly if it is targeted and oriented toward the most vulnerable citizens. This issue grows increasingly urgent against a backdrop of rising prices and the economic hardships many Ukrainian families are confronting.

In light of the ongoing discussions about economic support, it's essential to consider the upcoming initiatives aimed at providing assistance to specific groups. For instance, the government is set to launch new aid programs in April 2026, which will focus on pensions and fuel subsidies for millions of Ukrainians. This approach contrasts sharply with the broad rebate proposals criticized by Ustenko, highlighting the need for more tailored solutions. To learn more about these upcoming programs and their potential impact, visit the details of the new aid initiatives.