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President expects lowering interest rates of state loans for business
12.09.2013 18:10 "Agro Perspectiva" (Kyiv) —
Creating favorable environment for investments is the key to economic development of the country, President of Ukraine Viktor Yanukovych said during communication with the media in Lutsk, ForUm reports.
In particular, he noted the importance of affordability of loans for entrepreneurs.
«The loans interest rate provided for entrepreneurs by the state, is expected to decline by 14%by the end of 2013,» the President said, adding that the interest rate in 2014 should be reduced up to 1011%.
According to Yanukovych, level of investment is growing in Ukraine every year. However, he drew attention to the need to increase the output of products with high added value. «The value added at each process cycle gives financial result and jobs,» Yanukovych admitted.
In this context, the President recalled about the mechanism of public - private partnership. «The conditions for the public - private partnership at the state level create an incentive for investors and businesses. Business conditions have constantly simplified, and any entrepreneur, a potential investor, knowing that this country has such conditions and investment can be returned, making a profit, of course, will strive to do so,» Yanukovych said.
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