Ukrainian President Viktor Yanukovych instructed head of the National Bank Serhiy Arbuzov to monitor the situation with the issuance of mortgage loans in the secondary housing market, the President said during a meeting of the Committee on Economic Reforms, ForUm correspondent reported.
"In this issue, market mechanisms should be applied. In a short time, the government did a lot including creation of the legislative field, provision of the budget and work with the banks. And you, Mr. Arbuzov, should make sure that this system have started working. You have to see the faults in a timely manner and correct them. It concerns the legislative and administrative solution to the issue," he said.
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