The Government has decided to extend the UAH 7.8 billion programme of state-financed portfolio guarantees, Prime Minister Denys Shmyhal has announced.
“One of the five recovery priorities we have identified is the recovery of our economy. According to preliminary estimates, in the first quarter of this year, GDP grew by 2.4% compared to the previous quarter. We are now focusing on creating appropriate and effective incentives for business,” the Head of Government said.
According to the Prime Minister, more than UAH 115 billion worth of loans have been granted under the 5-7-9 concessional loan programme during the full-scale war.
The eRobota programme of non-repayable grants is also in place. According to Denys Shmyhal, more than 4,500 grants have already been issued.
“These are thousands of new businesses and jobs. During the last, eighth wave, 228 new grants were issued. We are continuing the programme so that as many Ukrainians as possible have the opportunity to start their own business,” the Head of Government said. (Government portal/Business World Magazine)