The Ministry of Economy announced a financing package for investors
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Investors will receive a structured financing package that includes military risk insurance from institutions such as the Multilateral Investment Guarantee Agency (MIGA) and the Development Finance Corporation (DFC), covering up to 90% of potential losses. This is stated in the message of the Ministry of Economy.
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“The Government and the Verkhovna Rada are working together to create new opportunities for investors, the attraction of which will accelerate the recovery of the country and the recovery of key sectors of the economy. In particular, they are agreeing on investment guarantees from both the G7 and the European Union, reforming the tax system and creating a legislative framework for safe and transparent business,” the Ministry of Economy said.
In addition, the financing package will include direct long-term and affordable lending from international financial organizations, such as the IFC, the EBRD or the EIB, with the support of soft capital, as well as coverage by the Export Credit Agency of credit risk, for example, the credit program of the British Export Finance Agency (UK Export Finance).
“The Ministry of Economy and the Committee of the Verkhovna Rada on Economic Development are inviting international companies that have suspended their activities in Ukraine due to the war to return and develop their business now, without waiting for the end of hostilities,” the message says.
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Source: Ministry of Finance
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