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Through 2024, the program is to funnel $1.2 billion to SMEs.

Tuesday, February 4, 2020
Through 2024, the program is to funnel $1.2 billion to SMEs.

Through 2024, the program is to funnel $1.2 billion to SMEs. This year, 50,000 loans are expected to be given out, largely by three big state banks: Ukrgasbank, Oschadbank and PrivatBank. Terms are: up to 5 years and up to $60,000. The interest rate varies according to the number of jobs to be created. For the first year, interest rates are subsidized by $80 million from the Finance Ministry and €10 million from the German-Ukrainian Fund, or NUF.

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Monday, February 3
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In USD terms, wages jumped almost 25% in 2019,” writes Oleksiy Blinov, chief economist for Alfa-Ukraine.

In USD terms, wages jumped almost 25% in 2019,” writes Oleksiy Blinov, chief economist for Alfa-Ukraine.

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Wednesday, February 5
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Ukraine’s economy grew by 3.3% last year, down slightly from 3.4% in 2018,

Ukraine’s economy grew by 3.3% last year, down slightly from 3.4% in 2018,

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