The Ministry of Finance and the Ministry of Economic Development will develop a mechanism for joint guarantees between state and commercial entities.

Ирина Орлонская Exclusive
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- As part of the action plan of the Cabinet of Ministers, the Ministry of Finance, together with the Ministry of Economy, will develop a mechanism that ensures joint guarantees between state and commercial structures.

The implementation timeline for this mechanism is planned from the first to the fourth quarter of 2027.

It is expected that the mechanism will include joint guarantees with banks, funds, and associations, which will help reduce credit risks. As a result, an increase in the volume of lending secured by joint guarantees is anticipated, as well as a reduction in financial risks for institutions.

This initiative will be part of the task to "Increase the volume of guarantee coverage through state entrepreneurship support funds."
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