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territories, added the minister. The government has introduced grant programs to start or expand businesses in order to create jobs. In addition, Ukrainians can undergo training or retraining to learn or update their profession in response to market needs. To resolve the housing issue, the state’s eOselya affordable lending program allows consumers to obtain loans at 3% or 7% for the purchase of housing.
4.5.2 Nominal wages dynamics
The NBU’s October Macroeconomic and Monetary Survey notes that the revival of economic activity in Ukraine is accompanied by increased demand for labour, which leads to a gradual improvement in employment and household incomes.
"Incomes of the population are growing modestly, supported by social benefits and payments to military personnel, and the recovery of economic activity, which in turn causes the gradual recovery of salary growth in the private sector," the National Bank noted. However, 60% of Ukrainians generally say that their economic situation has worsened over the past year. At the same time, the number of vacancies in Ukraine is increasing due to seasonality and economic recovery.
38 UKRAINE Country Report November 2023 www.intellinews.com