The Ukrainian government intends to modernize the 5-7-9% lending program, focusing on sectors with high growth prospects, and to
encourage banks to participate in financing despite military risks.
The Government plans to
to modernize the affordable lending program and focus on areas with
the highest growth potential. This was reported by the Ministry of Economy
of Ukraine, UNN reports .
Details
At the meeting of the First Vice Prime Minister
- Minister of Economy of Ukraine Yulia Svyrydenko met with representatives of the banking
representatives of the banking sector, they discussed encouraging banks to participate in government programs and
active lending to small and medium-sized businesses. Currently, the government notes
low banking activity due to military risks, so an important task is to
encouraging banks to provide wider support to businesses through lending, including through government programs
including under the government programs eHousing and "5-7-9%."
It is noted that
priority for the government is the reconstruction of the housing stock, so it is expected that attracting
investments in the development of the construction industry, in particular, in the primary market, will have a
a multiplier effect on the Ukrainian economy. And banking support for the state
program will increase the number of mortgage loans issued. The government promises to listen to every proposal,
build a dialog and share risks.
In the realities of war, we must understand that our security and defense
are provided by business taxes. Wide access to financing for business,
active lending by banks is our challenge today. The program
The "5-7-9%" program will be modernized with a focus on the areas of maximum growth
In particular, the priority is given to the processing industry, the military-industrial complex,
energy efficiency, humanitarian demining, development of Ukrainian production
and the restoration of economic activity in the de-occupied territories.