KYIV, April 12 – The Government has approved the provision of government guarantees for UAH 10 billion to the State Automobile Roads Agency of Ukraine (Ukravtodor) in 2021 and a list of projects for the implementation of which the funds can be raised under these guarantees.

According to government resolution No. 327 dated April 2, promulgated last week, Ukravtodor can attract loans under these guarantees for a period of up to 15 years, and the interest rate and their other conditions will be determined in a loan agreement or a decision on the issue of bonds in agreement with the Ministry of Finance.