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Business received UAH 70B under Affordable Loans program – Shmyhal.

Under the government’s program “Affordable Loans at 5-7-9%", banks have issued loans worth more than UAH 70 billion to almost 25,000 businesses.

Prime Minister Denys Shmyhal wrote about this on his Facebook page, Ukrinform reports.

"The 5-7-9% program gathers momentum. Finally, I’d like to note that as part of the 5-7-9% program initiated by the President of Ukraine, affordable loans worth more than UAH 70 billion have been issued to almost 25,000 businesses across the country," Shmyhal wrote.

He also assured that this successful program to support entrepreneurs would be extended to the next year.

As Ukrinform reported, the Cabinet of Ministers approved a resolution to launch the program "Affordable Loans at 5-7-9%" from February 1, 2020.

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