The Cabinet of Ministers amended the Resolution on the provision of local guarantees
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The Cabinet of Ministers approved the draft CMU Resolution "On Introducing Amendments to Paragraph 4 of the Regulations on the Provision of Local Guarantees”.

The document provides that the investment projects financed by credit funds of the EBRD and other International Financial Organisations (IFIs) as determined by a separate agreement of Ukraine under local guarantees will be exempt from the requirements of the Law of Ukraine "On Investment Activity".

The AUC supports these initiatives as another step of the Cabinet of Ministers that encourages local government investments.

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