The Ministry of Finance and the National Bank of Ukraine, together with deputies of the Verkhovna Rada, are actively working on the creation of a draft law that provides for the establishment of the National Development Agency (NDA). This was announced by the Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, Danylo Hetmantsev.
According to Getmantsev, the NUR should become a state specialized institution that will play the role of a bank for banks, with a special mandate for the recovery and structural transformation of the economy. Its task will be to implement lending programs for the country's recovery.
“The main purpose of the NUR will be to solve problems related to lending to relocated businesses, enterprises in front-line territories, as well as projects with a high level of risk,” he emphasized.
Hetmantsev emphasized that the NUR will have the opportunity to receive funding from private investors to direct these funds to the reconstruction and development of the Ukrainian economy. This will be achieved by providing support through various financial instruments, primarily to small and medium-sized businesses that are in difficult situations but have the potential for recovery and development.
The People's Deputy noted that a successful example of such an institution is KFW (Kreditanstalt für Wiederaufbau - Credit Institution for Reconstruction), created in post-war Germany in 1948 as part of the Marshall Plan.
