As it is said by the correspondent of Ukrinform in Poland.

“The selection of concrete projects, realized under government loan, as well as firms, which will realize these projects, is carried out by the loan receiver i.e. the Ukrainian side. Currently the work on identifying concrete projects, which are financed by this loan, is going on”, as it is said in the letter of the Ministry of Finance of Poland in reply to the agency’s information inquiry. 

In the meantime, the Polish source, close to the negotiations, confirmed that Warsaw did not receive any concrete plan of loan use from Kyiv.

As per official information, the Polish loan, disbursed to Ukraine, should be spent on financing the projects in the sphere of development of border road infrastructure and ports of entry of Ukrainian-Polish border.

One of the conditions is that the volume of commodities, produced in Poland, and services, used in realization of projects, should be not less than 60% from the cost of the contract.

The loan under conditions of tied aid is cashless, and the funds for realization of concrete projects are directly transferred to Polish exporters, to the Bank of national economy (BGK) based on the documents, preliminarily approved by the Ukrainian side. Pursuant to the agreement, contracts for realization of projects within the loan will be concluded within two years after the date of coming in force of the agreement.

Pursuant to the agreement, the loan term is 30 years with deferment of payment and interests for loan use (0.15%) within first 5 years.

It should be reminded that in last January during her visit to Kyiv the former head of Polish government Ewa Kopacz announced about their readiness to disburse Ukraine a loan of 400 mln zloty (100 mln euros). In last September the intergovernmental agreement on loan disbursement was signed. On February 3, the Rada ratified the document.