The government intends to activate lending to businesses, first vice Prime Minister Serhiy Arbuzov said.

Those norms are laid down in the State program for revitalization of Ukraine's economy for 2013-2014. Comprehensive market instruments will be used to stimulate economy for the first time.

The work of the State Development Bank will be based on market principles as well. The new financial institution will implement long-term projects for modernization of production facilities.
 
Primarily, this will refer to such sectors as aviation, shipbuilding, missile and space industry, machinery, fuel and energy, housing, transport infrastructure. Thus, according to the Arbuzov, the State Bank will become the top level financial institution and will lend to commercial banks.

The state guarantees are to be issued only within the long-term investment projects, which shall undergo feasibility studies.

"Guarantees will be issued after the expert board gets feasibility studies, worked out with the specific bank. Projects will be assessed in terms of payback period and profitability. Many of the programs are usually paid off in 1.5-2 years," Arbuzov said. One of the first projects will be implemented in field of railway transport, in particular, to replace diesel locomotives.

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