The initiator of these changes is the Ministry of Economy and Commerce. In its justification, the ministry pointed out several reasons why this draft law is necessary:
– to create more comfortable conditions for approximately 200,000 active borrowers who are currently on the "credit blacklist";
– to improve access to loans for individuals and small and medium-sized enterprises;
– to support the development of small and medium-sized businesses;
– to reduce the level of shadow lending and increase the number of microloans outside the official financial system.
Comparative Table
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