By the end of 2024, the Cabinet's debt to Ukrainian banks for compensating preferential rates under the "5-7-9" program will reach nearly 10 billion UAH.
This is stated in the December report on financial stability by the National Bank of Ukraine (NBU).
The regulator notes that the current situation with significant debt to banks necessitates the efficient use of limited resources, particularly for investment projects that are in greatest need of support.
“State support is no longer a defining factor for lending, and the lack of funding complicates the stability of programs, creating uncertainty for banks and borrowers, thus slowing down the process,” the NBU believes.