Loans with low interest rates will become a reality next summer - Honcharuk

If the Ukrainian authorities manage to take a number of planned steps, the cheapening of loans to 11-12% will become a reality in the summer of 2020, Prime Minister Oleksiy Honcharuk has said.

He said this at a conference on land management reform in Kyiv on Thursday, according to an Ukrinform correspondent.

"I expect that lending in hryvnias will be 11-12% next summer or autumn. Lending will be available. We understand how to do it," Honcharuk said.

According to him, the authorities should be clearly aware that the active state of land reform will further boost the economy at a level of at least 2%.

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