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Photo: kmu.gov.ua
The prime minister considers the 5-7-9 program as a stimulus for the Ukrainian economy
Currently, private companies are actively using government programs to stimulate small and medium-sized enterprises, according to the prime minister.
The Cabinet of Ministers, along with state banks, stimulate economic growth by reducing the cost of mortgage loans. This was announced on Friday, September 4, by Prime Minister Denis Shmygal during question time to the government in the Verkhovna Rada.
“To date, the mortgage rate is already available at less than 10%. Literally in the morning, we had a meeting with the bankers: the mortgage loan program in Ukraine as a whole grew by 1.5% in one week,” said.
These are stimulating factors that create additional jobs and heat up the economy, Shmygal stressed.
According to him, private companies are actively using government programs to stimulate small and medium-sized enterprises to pay back back wages.
“And these are exactly the tools that the government and the Verkhovna Rada provide to companies to manage the process of reducing wage arrears in particular,” said the prime minister.
We will recall, Prime Minister Denys Shmyhal explained the allocation of 35 billion UAH from the “coronavirus” fund to finance the presidential program Grand Construction with the need to support the income of the population and reduce the pressure of the crisis on the Ukrainian economy.
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