The approved projects are aimed at supporting food security, small business, healthcare systems, and international trade.
“Cooperation of Ukrainian companies and banks with the U.S. International Development Finance Corporation (DFC), on the one hand, increases the resilience of Ukraine’s economy, and on the other hand, sends a powerful signal to investors from around the world that even in times of war, there is no need to be afraid to invest in Ukraine,” said Yulia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.
DFC also announced two separate agreements totalling USD 60 mln with Ukrainian banks to mobilise capital to sustainably support small and medium-sized businesses by facilitating their access to finance in Ukraine. USAID will support each of these transactions with technical assistance. Micro-enterprises and SMEs will be able to obtain financing from banks with relaxed requirements, as DFC guarantees will be used to supplement borrowers’ collateral.
DFC is the United States government’s development finance institution. DFC partners with the private sector to finance solutions to some of the most critical challenges facing the world today. The Corporation invests in a variety of sectors, including energy, health, infrastructure, agriculture, small business, and financial services.
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