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Nation    

Govt plan to fund incomplete buildings won’t help sector: consultant
Journal Staff Report

KIEV, Feb. 12 – The plans of the Ukrainian cabinet to allocate UAH1 billion each to the State Mortgage Institution, OJSC State Savings Bank of Ukraine (Oschadbank) and OJSC State Export-Import Bank (Ukreximbank) to credit the completion of the construction of buildings with a readiness of over 70% will not save the construction sector, according to CEO of Kiev-based Prostobank Consulting, Olha Onufriychuk.

"I'm afraid that the realization of this step leaves much to be desired, as most good intentions in our country... UAH 3 billion is not a sum that would settle the problems of the construction sector," reads a company press service, citing Onufriychuk.




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