US corporation will allocate $250M to support Ukrainian business, – Ukraine’s Prime Minister

The Prime Minister of Ukraine Denys Shmyhal reported on January 31, 2023, that the US International Development Finance Corporation (DFC) would allocate 250 million dollars to support Ukrainian small and medium-sized businesses this year.

Source: The Prime Minister of Ukraine Denys Shmyhal

“US International Development Finance Corporation (DFC) is ready to support Ukrainian business,” the Prime Minister emphasized.

According to Denys Shmyhal, DFC director Scott Nathan said at the meeting that the corporation would attract $250 million this year to help finance small and medium-sized business support programs.

In total, DFC plans to mobilize up to $1 billion to support the Ukrainian economy.

“Instruments for attracting investments were discussed. Separately, we raised the issue of launching the stock market in Ukraine. We also jointly opened an event at the American Chamber of Commerce, where we focused in more detail on areas of business and economic support,” noted Denys Shmyhal.

The head of government added that he appreciates DFC’s willingness to provide financing to Ukrainian companies, and emphasized that becoming part of Ukraine’s recovery today is the most powerful investment in the future.

See also: Almost 65,000 Ukrainian businesses are under Russian occupation

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