Photo from UNIAN
The prime minister says reducing the cost of loans is one of the new government's priorities.
Ukrainian Prime Minister Oleksiy Honcharuk expects that the interest rate on loans in hryvnias will fall to 11%-12% per annum in the summer and autumn of 2020.
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"I hope that lending in hryvnias will be at 11%-12% in summer and autumn next year. We know how to do this. If we look at the inflation forecast for next year and the National Bank's tools, it will be absolutely real, but the government has to work in that direction," he said at a conference in Kyiv on land management reform, titled: "Land as a Factor in the Development of the Ukrainian Rural Area," on September 19.
According to him, since the appointment of the new government, the National Bank has already cut the key refinancing rate by 0.5%. Honcharuk hopes the regulator will continue lowering it.
As UNIAN reported earlier, the prime minister said reducing the cost of loans was one of the new government's priorities, which is a necessary condition for the development of the domestic economy.