Hi, government loans! Bye, payphones: Changes in Ukraine from February 1

Author : News Agency

Source : 112 Ukraine

The last month of winter starts, and with it new changes in various areas come in Ukraine. Since February, Ukrainians will witness something new in the country.
15:58, 1 February 2020

Oleksiy Honcharuk Telegram

Government lending

"From February 1, Ukrainians who want to start their own business will finally have a cheap normal resource." This is how Prime Minister Oleksiy Honcharuk spoke about the upcoming start of state lending.

As he previously said, it is planned to issue loans in the amount of up to UAH 1.5 million (60 000 USD) for a period of 5 years at 5% per annum, if revenue is provided up to UAH 25 million (1 million USD) and at least two jobs are created; at 7% per annum for a business with revenue of up to UAH 25 million, which does not create new jobs, but for each new employee the rate will be reduced by 0.5%; and at 9% per annum for a business with revenue of up to UAH 50 million (2 million USD).

Honcharuk also said that loans can be taken in any field of activity, mentioning energy, education, healthcare, transport, manufacturing, sports, entertainment and any other services, stressing that "every Ukrainian has the right to receive support from the state."

Open source

Centralized timber accounting

In early January Ukrainian Prime Minister gave the order that from February 1, Ukraine should fully start  centralized timber accounting.

In particular, the Ministry of Internal Affairs, the State Forest Agency and the State Environmental Inspectorate were instructed to continuously prevent illegal logging and identify violations. State Forest Agency and other permanent forest users and forest owners should publish information regarding cases of forest violations on official websites.

Related: How to increase level of innovative economy in Ukraine?

The governors were obliged to submit proposals on securing forests that do not have owners for permanent users.

Honcharuk added that 7.5% of the forest fund is not assigned to regular forest users, "respectively, they are not protected by anyone, and no accounting for this wood is carried out."

Goodbye payphones

PJSC "Ukrtelecom" is going to stop providing communication services through pay phones and begin to dismantle the equipment from February 1, 2020.

"The development of various communication channels has led to a decrease in demand for the once-demanded services of payphones. If in 2017 about 900 000 minutes of calls were used via payphones, then in 2019 it was less than 380 000 minutes," the company reported.

Ukrtelecom added that today the network has about 4 800 payphones and almost all of them are located in cities.

Related: Impact of coronavirus on economy of Ukraine to be minimal, - Minister of Economic Development

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