Prime Minister Meets with Lawmakers and Bank Leaders
During a meeting with members of parliament, the head of the National Bank, and executives from state-owned banks, Prime Minister Yuliia Svyrydenko stressed the urgent need to give entrepreneurs broader access to credit financing. This is especially critical in frontline regions, where businesses are struggling to rebuild production capacity and create new jobs.
Svyrydenko instructed the Ministry of Finance, in coordination with the Ministry of Economy, Environment, and Agriculture, to prepare amendments to the State Bank Development Strategy. She stated:
“In wartime, the Strategy must identify priority lending sectors—primarily the defense industry and energy sector—and include concrete measures to expand financing for enterprises in frontline areas.” - Yuliia Svyrydenko
Wartime Lending Priorities
Defense manufacturing and energy were singled out as top lending priorities under current conditions. Additionally, the Prime Minister tasked the Finance Ministry with developing proposals to harness resources from the state banking sector to support Naftogaz of Ukraine as the country prepares for the next heating season. Svyrydenko also emphasized that state banks should play a more active role in implementing government-backed business support programs in frontline regions—especially in industries that bolster national defense, energy resilience, and economic stability.
Ensuring access to credit during the war is a strategic move to maintain economic stability and help businesses in frontline areas recover. Supporting these regions not only aids business revival but also fosters job creation, which is essential under current circumstances. Moreover, the focus on funding defense and energy projects underscores the government's priorities in safeguarding national security and energy independence for Ukraine.