France to provide Ukraine with loan of EUR 100 mln

KYIV. Nov 22 (Interfax-Ukraine) – In 2022, the French Development Agency initiated providing Ukraine with a loan on concessional terms of up to EUR 100 million to finance the expenditures of the general fund of the State Budget.

The Ministry of Finance of Ukraine said on Tuesday that the terms of the loan were approved by government resolution No. 1297 of November 18, published on Tuesday.

According to them, the interest rate is 1.04% per annum. The final repayment of the loan will be in 15 years from the date of the loan agreement, and the grace period for deferred repayment of the loan for 5.5 years from the date of the loan agreement.

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