S. Arbuzov: New procedure for raising loans under sovereign guarantees will strengthen export potential of Ukraine
A new procedure for
the raising loans under sovereign guarantees will provide increasing of the export
potential of
This was stated by the
acting Prime Minister of Ukraine Serhiy Arbuzov.
"The Cabinet of
Ministers of Ukraine in a difficult political and economic situation finds the
opportunities for further development of Ukraine in the most important arrears to
ensure the competitiveness of Ukrainian goods and services in foreign markets,
creation of new jobs in the country and improvement the lives of ordinary
Ukrainians," he said.
For this purpose,
according to acting Prime Minister, the Government has developed a procedure
for the raising loans under sovereign guaranteed in 2014 by key administrators
of state funds for capital investments in excess of the budget allocations.
S. Arbuzov
noted that the implementation of this document will allow ministries to attract
cheap credit resources for target projects.
In particular, he
noted that the interest rate on such loans will not exceed the discount rate of
the National Bank of
Thus S. Arbuzov explained that these funds will be directed primarily
to support the priority sectors of the economy, including in the framework of
the revitalization of the economy of
Among them, he
identified the energy sector, including energy efficiency programs,
agriculture, information technology, science and education.
In addition, the adoption
of the government's document helps to increase the export potential of