Coronavirus face masks monetary market
The federal government signed a memorandum with 9 banking establishments on credit score holidays for entrepreneurs through the yr. Prime Minister of Ukraine Denys Shmygal acknowledged this on the air of one of many Ukrainian tv channels, as UNN stories.
“Right this moment, 9 banks have signed an settlement that they won’t accrue curiosity on the restructuring of the loan. That’s, it is a credit score trip,” the prime minister stated.
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Shmygal famous that the federal government plans to introduce different loan packages for entrepreneurs, which can restore enterprise exercise.
As we reported earlier, the Worldwide Financial Fund (IMF) will approve a $ 5 billion help program for Ukraine at a board assembly on June 5
Schmigal stated in a dialog with the company that Ukraine wants IMF cash to face up to the financial shock in reference to the coronavirus pandemic. He stated that in keeping with preliminary estimates, Ukraine’s GDP within the second quarter may fall by 12%.
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