Ukraine’s Finance Minister Serhiy Marchenko says the Cabinet of Ministers has increased the maximum loan amount under the program, titled “Affordable Loans: 5%-7%-9%,” from Hr 2 million ($73,828) to Hr 3 million ($110,742).
UNIAN: Ukraine announces refinanced loans to businesses at zero rate
A woman wearing a protective face mask walks on a deserted square in front of a closed shopping mall in the Ukrainian capital of Kyiv on March 18, 2020. Amid the economic shock caused by COVID-19 quarantine measures that will now last until April 24, the Ukrainian parliament has adopted legislation aimed at providing businesses with economic relief, but experts warned it might not be enough to tackle the crisis.
