The Gov’t
of Ukraine is planning to earmark 1 billion hryvnyas for mortgage lending.
Prime Minister of Ukraine Yulia Tymoshenko announced on Tuesday, during her
meeting with heads of the regional councils, Government portal reported.
According
to her, already on Friday, February 27 during a meeting with builders an issue
of distribution of funds between the regions is to be tackled: “On Friday we
are to determine an order of distribution of all the quotas for unfinished
building works. A proportional principle of distribution between the regions
will be applied”.
The Premier
emphasized credits are to be destined for non-finished construction, the
readiness of which equals around 80%. “These mortgage funds will be transferred
via the state banks and only to those who are going to buy flats,” the Head of
Government emphasized.
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