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Posted On

24
September
2021

Shmyhal asks NBU, Financial Monitoring Service to explain to banks work with tax amnesty

KYIV. Sept 24 (Interfax-Ukraine) – Prime Minister of Ukraine Denys Shmyhal appealed to the State Financial Monitoring Service and the National Bank of Ukraine (NBU) with a request to explain to financial institutions the principles of the tax amnesty law.

According to a statement on the Cabinet of Ministers website, this was the result of a meeting with representatives of the banking sector, at which issues of ensuring the administration of the procedures necessary for the tax amnesty were discussed.

The meeting was also attended by Finance Minister Serhiy Marchenko, Justice Minister Denys Maliuska, representatives of the NBU and the President’s Office, as well as MPs.

The participants also discussed issues of increasing the efficiency of lending programs for small and medium-sized businesses and mortgage lending programs. In particular, the prime minister stressed the importance of strengthening the investment component of the Affordable Loans 5-7-9% program and instructed the Finance Ministry along with regional leaders, to work out mechanisms for its improvement.

Shmyhal also urged that within the Affordable Mortgage 7% program, in which 17 banks have already signed 847 loan agreements totaling more than UAH 722 million, loans should be issued not only in large cities.