June 5, 2024, 16:41

Denys Marchuk: Ukrainian Parliament registers a bill to suspend debt for farmers in occupied territories amid the ongoing war 

Ukrainian farmers’ loans and debt collections in temporarily occupied areas should remain frozen while the war is still being waged. 

Denys Marchuk, Deputy Chairman of the Ukrainian Agrarian Council, announced this during a briefing at the Media Center Ukraine – Ukrinform.

“The issue is critical for those working in occupied territories. Many were forced to abandon their farms. Prior to the full-scale invasion, they took out loans, and now, three years into the war, banks are demanding repayment. Most of these enterprises have been nationalized, destroyed, or looted,” Marchuk said. “That is why the Ukrainian Agrarian Council and the Ministry of Agrarian Policy and Food of Ukraine support draft law No. 1180-1, which proposes debt freezes for farmers in temporarily occupied areas during the war in Ukraine.”

Marchuk also highlighted that many people cannot start new businesses or secure new loans because they are listed as debtors, posing a significant issue.

Read more: https://mediacenter.org.ua/news