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Yatsenyuk advocates a broad credit program to develop economy and create new jobs

26.01.2016 19:13 "Agro Perspectiva" (Kyiv) As of today, while speaking at the meeting with representatives of the banking sector, the Ukrainian Prime Minister Arseniy Yatseniuk said in order to ensure economic development, create new jobs and promote self-employment, Ukraine needs cheap long-term loans in national currency, Government Portal reports. As to Yatseniuk, the task of the Government is first and foremost creation of jobs, including promoting self-employment. However, he admitted foreign investors still see risks to invest in Ukraine due to the military uncertainty in Donbas. «This means we should trigger internal mechanisms of economic development,» he said. Also, Yatseniuk noted that up to the experts macroeconomic forecasts for 2016, the global economy would face a lot of challenges and therefore the general economic situation requires non-standard solutions. So, the PM appealed to the representatives of the banking sector to share their thoughts «how to provide in 2016an extensive program of lending for business and for people, primarily regarding self-employment, new jobs and entrepreneurship». As to Yatseniuk, now in Ukraine it is not the real production sector which receives the loans- mainly, the short-term loans for consumption are given. He admitted the need to introduce «a cheap long term loan facility in national currency». «We need loan facilities to facilitate people to start up a business and promote self-employment in the country,» the PM stressed.

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