Ukraine to Reduce Loans Cost for Creating New Jobs
OREANDA-NEWS. October 15, 2012. The Government completes the development of programs to reduce the cost of credit resources and compensation interests on loans for creating new jobs.
This was announced by Prime Minister of Ukraine Mykola Azarov at a meeting with representatives of regional Association of local governments during a working visit to Dnipropetrovsk Region.
"We're now working on a very serious program. I think it will be ready next month. We'll come to cheaper credits, interest rate compensation, where there new businesses will be created," Mykola Azarov said.
The PM said it's extremely important to determine the priority growth points, concentrate lending resources on their, to attract them to go to certain preferences, such as reduction of interest rates and the introduction of long-term lending, and also to introduce the partial compensation of interest rates. "The problem of crediting for us now is the key to economic development," the Prime Minister emphasized.