Germany will provide 150 million euros in loans to small and medium-sized businesses in Ukraine

The funds will be provided in the form of a loan to the Ukrainian government.

The Cabinet of Ministers has approved a draft loan agreement between the Cabinet of Ministers and KfW (Frankfurt am Main, Germany) worth 150 million euros. The relevant order of April 5 was promulgated to the “Government Portal”. We are talking about programs to support the financing of micro, small and medium enterprises.

KfW is a German state development bank headquartered in Frankfurt. -Property. Founded in 1948. Today, KfW is Germany's third largest bank. On behalf of the German government, the bank finances development programs around the world and is one of the world's leading development banks.

Based on materials: ZN.ua

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