The Cabinet of Ministers approved the draft Loan Agreement between the Cabinet of Ministers and KfW (Frankfurt am Main, Germany) in the amount of 150 million euros. The corresponding order of April 5 was published on the Government Portal.

These funds are planned to be used for the implementation of the project: " We are talking about programs to support the financing of micro, small and medium-sized enterprises.

Recall that as part of supporting Ukrainian entrepreneurs during martial law, the government simplified the provision of credit funds as much as possible by restructuring a number of lending programs. First of all, we are talking about adapting the "

Under the program, you can get a loan of up to 60 million. UAH.

to any Ukrainian enterprise at 0%. Since the beginning of the war, 826 businesses have received such loans from state-owned banks totaling UAH 1.1 billion..

KfW is a German state-owned development bank headquartered in Frankfurt am Main. Founded in 1948. Today KfW is the third largest bank in Germany by assets. On behalf of the German government, the bank finances development programs around the world, is one of the leading development banks in the world.