Resolution of the Cabinet of Ministers of Ukraine No. 772 dated June 10, 2026, introduces significant changes to the mechanism for providing state financial support to businesses, in particular under the “Affordable Loans 5-7-9%” program. The document expands the list of credit purposes, specifically for energy independence and the restoration of property damaged by the war. Financing limits, interest rate compensation terms, and criteria for assessing the financial standing of borrowers have also been revised. The amendments enter into force on July 1, 2026.
### Structure and Main Provisions
The Resolution amends the Procedure approved by Resolution No. 28 dated January 24, 2020. The main blocks of changes include:
* **Expansion of Designated Purpose:** Added funding for energy services, renewable energy (solar panels, energy storage systems, heat pumps), and support for businesses in high-war-risk zones.
* **Adjustment of Limits:** Updated credit limits for various purposes (maximum limit of up to UAH 250 million for energy projects).
* **Change in Interest Rate Policy:** Revised interest rate compensation levels and established new rates for different business segments (micro, small, medium).
* **Strengthening Financial Control:** Introduced new criteria for assessing borrower capacity (interest coverage ratio) and a mechanism for annual monitoring of the feasibility of state support.
### Most Important Provisions for Implementation
1. **Energy Modernization:** To receive support for solar installations, the presence of energy storage systems (with a capacity of at least 2.5 kWh per 1 kW of power) is mandatory, with the exception of frontline regions.
2. **Change in Rates:** The levels of interest rate point compensation have been reduced, which effectively changes the cost of loan servicing for borrowers. A clear gradation of rates has been established (5%, 7%, 9%, or 15% depending on purposes and job creation).
3. **Criteria for Medium-Sized Businesses:** Starting September 1, 2026, a “modified interest coverage ratio” is introduced for medium-sized enterprises. If this ratio is less than 5, it becomes a significant factor in the bank’s credit risk assessment.
4. **War-Risk Zones:** A separate line of financing has been introduced for enterprises operating in high-war-risk zones, allowing them to qualify for support within a limit of UAH 150 million.
5. **Exclusion Mechanism:** The institution administering the program is now required to annually provide recommendations on whether a business is capable of servicing debts on market terms without state assistance, which may lead to a narrowing of the circle of support recipients in the future.
