Concessional loan for salaries to employees

Local building-utilities administrator offices in Bendery, known as ZhEUK will receive state assistance in the form of a soft loan for the payment of salaries to employees. Such a measure of state support for enterprises is prescribed in the anti-crisis law adopted by the Supreme Council on April 8. The bottom line is that the state assumes the cost of paying 10% of the cost of the loan, and the organization pays 1%. The Bendery municipal enterprise does not have enough funds to pay salaries to employees. This is explained by the fact that due to quarantine measures, payments from the population have sharply decreased. In addition, according to the law on state support, municipal enterprises are obliged to exempt their tenants from the rent, who are subject to restrictions. This reduced the income of the municipal enterprise.

The Supervisory Board of the Fund includes deputies of the Supreme Council, representatives of the Government, the Chamber of Commerce and Industry, the Union of Industrialists, Agrarians and Entrepreneurs of Pridnestrovie and the State Reserve Fund. Meetings are held weekly, as applications from enterprises, organizations and entrepreneurs are received. Decisions on applications are always positive. The state is moving towards economic agents seeking help, Viktor Guzun emphasized. Totally, during the period of the anti-crisis law, the State Reserve Fund approved soft loans for salaries of 22 enterprises.

Another measure of support is the extension of the maturity of previously taken soft loans.

Today, the Fund’s Supervisory Board decided to change the loan repayment schedule for such enterprises as Agricol, Agro Compact. In these agricultural enterprises, due to adverse weather conditions, the crop died. Agricultural companies will not receive the planned income.

In order to obtain a delay in repaying a soft loan, the borrower needs to contact a commercial bank with which a loan agreement has been concluded.