Milovanov has identified the goal of “affordable loans”

Милованов определил цели "доступных кредитов"

The program will starwest next week

Within five years the business will receive about 30 billion hryvnias of credits, which will give 8 billion investment, sure in the Cabinet.

The Minister of Economics Tymofiy mylovanov announced goals of the programs are available loans. As expected, in the long run, the economy will do 8 billion of domestic investment. The Minister wrote in Facebook.

Short-term objectives of the programme in the first year of the Minister include:

  • An additional 50 thousand credits,
  • About 90 thousand new jobs
  • 2 billion of internal investments in the Ukrainian economy, namely the sphere of micro-Finance
  • Lower interest rates on loans from 18-40% (as of now) to 17.12% in 2020.

According to Milovanov, for 5 years, the amount of loans issued under the program Affordable loans 5-7-9% of 30 billion hryvnia.

“Long-term goals – 5 years: the programme will do 8 billion of domestic investment in the Ukrainian economy, namely the sphere of micro-businesses. The amount granted in the framework of the program of loans of 30 billion UAH,” said Milovanov.

As you know, the cheap credit program kicks off in February. Participants will be able to obtain up to 1.5 million UAH under 5-7-9%.

We will remind that President Vladimir Zelensky approved cheap loans for business. The President signed the law, which has launched an entrepreneurship development Fund with a budget of two billion hryvnia.


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