Businesses took UAH 55 billion in cheap loans under the 5-7-9 program this year: what was the largest amount spent on

Since the beginning of the year, businesses have received preferential loans worth more than UAH 55 billion under the state program "Affordable Loans 5-7-9%," the Ministry of Economy reported on Wednesday, UNN reports.

Details

"Since the beginning of 2024, Ukrainian entrepreneurs have received 14,645  preferential loans under the Affordable Loans 5-7-9% program totaling UAH 55.2 billion," the statement said.

More than two-thirds of this amount, as indicated, is accounted for by the agriculture and manufacturing sectors.

According to Yulia Svyrydenko, First Vice Prime Minister and Minister of Economy, more and more businesses are receiving preferential loans under the program "for investment purposes and to improve their own energy resilience." "Condominiums and housing cooperatives have already begun to take advantage of the state program of preferential lending for energy. They can purchase and equip equipment for generating electricity from alternative sources, as well as equipment for storing electricity, for preferential funds," she said.

Since the beginning of 2024, entrepreneurs have received affordable loans for the following purposes, as indicated:

• UAH 16.9 billion - working capital loans;
• UAH 12.5 billion - loans  to businesses operating in the high war risk zone;
• UAH 12.2 billion in loans for the development of processing enterprises;
• UAH 10.7 billion for the implementation of investment projects.

Among the regions, Lviv, Dnipropetrovs'k, Odesa, Kyiv, Kharkiv, Vinnytsia, Poltava regions and Kyiv are the leaders in terms of loan agreements.

"In total, 93.6 thousand loans worth UAH 322.1 billion have been issued since the program began in February 2020," the Ministry said.

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