Business news from Ukraine

Business news from Ukraine

DEBT ON CONSUMER LOANS FOR PROPERTY DESTROYED BY WAR WILL BE WRITTEN OFF

A draft law on writing off debts on consumer loans granted for the purchase of movable and immovable property that was destroyed by the war will be submitted to the Verkhovna Rada within a week, Danila Getmantsev, head of the relevant parliamentary committee, said.
“On behalf of the president, we agreed with the head of the National Bank and the prime minister on the development of a bill to write off debt on consumer loans for the purchase of movable and immovable property that was destroyed during the hostilities. We will submit the bill to VR within the next week,” he wrote in a telegram on Sunday.
“A person should not pay a debt for a non-existent object,” Getmantsev added.

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