The Cabinet of Ministers is preparing an analogue of the Affordable Loans 5-7-9% programme for large businesses
The extended programme will be available for companies in the energy sector and will focus on the restoration of critical infrastructure
Ukraine, at the request of the International Monetary Fund, is working on an alternative to the Affordable Loans 5-7-9% programme for large businesses.
This was reported by the First Deputy Prime Minister, Minister of Economy Yulia Svyrydenko, Forbes reports.
The Affordable Loans 5-7-9% programme allows businesses to receive cheaper credit money, despite the high key rate of the National Bank. The expanded programme will be particularly available for companies in the energy sector, and will also focus on the restoration of critical infrastructure, such as ports, which were destroyed during the war.
"We are already looking at budget possibilities and talking to the market," Svyrydenko says.
The state's role in the new programme will involve compensating the interest rate. Other details of the likely new loan programme are not yet provided by the Ministry of Economy.
Background. DTEK Energy anticipates receiving government loans to restore capacities that were destroyed during missile attacks.
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