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The government will issue $750 million worth of housing bonds

 after completion of an ongoing merger of the State Mortgage Institution and the Ukrainian Financial Housing Company, reports the Cabinet of Ministers. Priority recipients will be veterans, young families, and people force out of Crimea and Russia-controlled Donbas. Prime Minister Shmygal said: “Our task is to expand such programs as much as possible so that Ukrainians can improve their living conditions today.”

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The governments heavily promoted “Mortgage at 7%” program is not having an impact on housing sales,