PM Honcharuk: Ukraine has all prerequisites for economic growth in upcoming years

PM Honcharuk: Ukraine has all prerequisites for economic growth in upcoming years

Ukrinform
Prime Minister Oleksiy Honcharuk has stated that there are all prerequisites in Ukraine for economic growth in the upcoming years

He said this at a meeting dedicated to the presentation of the Financial Sector Development Strategy until 2025, the Government Portal reported.

The document was approved by National Bank of Ukraine, the National Securities and Stock Market Commission, the National Commission for State Regulation of Financial Services Markets, Finance Ministry and the Deposit Guarantee Fund.

“An important document has been signed that envisages the development of the financial sector in five major directions. Ukraine now has everything to demonstrate rapid growth in the next few years,” Honcharuk emphasized.

He also noted that the Government and the National Bank are reliable partners.

“The government and the NBU have common priorities: for the economy, it is necessary to provide access to cheap resources as quickly as possible and decrease risks for financial institutions,” the prime minister said.

According to him, Ukrainians need cheap loans, so from February 1, the program of cheap loans for small businesses at 5%, 7% and 9% announced earlier by the President will be launched.

“We also expect that this year we will ensure a significant reduction in the cost of credits for mortgages. Our goal is 11-12% in hryvnia,” the prime minister said, adding that another important priority is the availability of financial services.

“We are well aware of what to do. We have a plan. We are ready for complex challenges awaiting us in the next few years,” Honcharuk said.

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