Prime Minister Denys Shmyhal says that in order to accelerate economic growth, the Ukrainian government will continue to stimulate government programs aimed at facilitating access to financial resources.
The prime minister stated this at a special gathering of business community “EBA Global Outlook 2021: the Year of Big Questions”, when asked how the government would accelerate economic growth of the country.
“It is access to cheaper financial resources. The program “Affordable loans at 5-7-9%” is already well-known, we continue to improve it. We also include mortgages in this program, mortgages at 7% will be available in Ukraine from March 1. The National Bank has adopted some resolutions that will mitigate banks’ requirements for creditors regarding access to credit resources,” Shmyhal said.
The prime minister also noted that the Cabinet of Ministers was completing work on the Diya.City project, which should become a very profitable and convenient tool for business.
According to him, economic development is impossible without fast, long-term and cheap financial resources.
He added that the government expected a 4.6% economic growth and a low level of inflation. (Ukrinform/Business World Magazine)
