One of the tasks of the implementation of NCTS is to support Ukrainian business and reduce the cost of final products, respectively - their competitiveness, in particular on foreign markets. "Ukrainian exporters need access to financial resources, which entrepreneurs have considerable problems with. Therefore, the Ministry of Finance is actively developing the state program "Affordable credits 5-7-9 %". The state compensates banks for the interest rate on credits for business support and development, and Ukrainian producers have the opportunity to obtain a cheap resource. We did not stop this program during the war, on the contrary, we made it larger and simplified it,"  - said Deputy Minister of Finance of Ukraine for European Integration Yuriy Draganchuk.

"Understanding the difficulties with financing for exporters caused by the war, the authorities - also at the initiative of the Ministry of Finance - introduced another possibility: the use of an additional instrument of insurance of export contracts through the Export Credit Agency. And now it is possible to combine obtaining a resource through the Entrepreneurship Development Fund within the framework of the "AvailableCredits 5-7-9%" program and insurance of export contracts with the help of EKA," -  ​​he stressed.

Reference source: https://bit.ly/3Rrdqne