First
measure seeks to ensure security of supply of grains – further measures to be
introduced in the coming weeks
The Malta
Development Bank has launched the MDB Subsidised Loans Scheme following the
approval of the European Commission under the Temporary Crisis Framework for
State Aid. This support measure is intended to ensure the security of supply of
grains, animal feeds and related products of strategic importance by assisting
importers and wholesalers through the provision of temporary liquidity support.
In order to
ensure food security in the wake of the war in Ukraine, the MDB is committed to
assist importers and wholesalers to stock reserves of wheat and animal feeds
for a longer period than normal. Such abnormal stock piling at the prevailing
higher prices required substantial liquidity at short notice. The MDB was
appointed by the Government to take immediate remedial action by providing
urgent liquidity support in the form of direct subsidised loans to the major
grain importers. The MDB Subsidised Loan Scheme offers a portfolio of up to €30
million loans to grain importers for a term of two years. Loans under this
measure also benefit from an interest rate subsidy of up to 2%. The Scheme is
available until 31 December 2022.
This scheme
is the first of a package of support measures which the MDB will be rolling out
over the coming weeks. The war in Ukraine is impacting all economic sectors
and, in response. the MDB is devising schemes to facilitate access to liquidity
to all undertakings affected by the current crisis.
The upcoming schemes – which will have broader
eligibility – are intended to support those businesses facing liquidity issues
as a result of the crisis in Ukraine. As in the case of the MDB COVID-19
Guarantee Scheme, the MDB will be offering de-risking instruments to enable the
provision of more accessible and affordable working capital loans, thus
reducing the impact on the affected economic operators. More information on the
upcoming schemes will be provided in due course.
L-MDB jniedi
l-ewwel miżura bħala parti minn pakkett t’għajnuniet fid-dawl tal-kriżi Ukrena
L-ewwel miżura hi intiża biex tiżgura s-sigurtà
tal-provvista tal-qmuħ – aktar miżuri se jiġu introdotti fil-ġimgħat li ġejjin
Il-Bank Malti għall-Iżvilupp
nieda l-iSkema ta’ Self Sussidjat tal-MDB wara l-approvazzjoni tal-Kummissjoni
Ewropea skont il-Qafas ta’ Kriżi Temporanja għall-Għajnuna tal-iStat. Din
il-miżura ta’ appoġġ għandha l-għan li tiżgura s-sigurtà tal-provvista tal-qmuħ,
għalf tal-annimali u prodotti relatati li huma ta’ importanza strateġika. Dan
qed isir permezz ta’ għajnuna għall-importaturi u l-bejjiegħa bl-ingrossa
permezz ta’ appoġġ fil-forma ta’ likwidità temporanja.
B’mod li tkun żgurata s-sigurtà
tal-ikel fid-dawl tal-kriżi fl-Ukrajna, l-MDB hu kommess li jgħin
lill-importaturi u lill-bejjiegħa bl-ingrossa biex jaħżnu riservi ta’ qamħ u
għalf tal-annimali għall-perjodu itwal ta’ żmien.
L-MDB kien appuntat mill-Gvern
biex jieħu azzjoni immedjata ta’ rimedju billi jipprovdi appoġġ għal-likwidità permess
ta’ self sussidjat dirett lill-importaturi ewlenin tal-qamħ. L-iSkema ta’ Self
Sussidjat tal-MDB toffri portafoll ta’ self fuq perjodu ta’ sentejn sa massimu
ta’ €30 miljun għal dawn it-tip ta’ importaturi. Dan is-self jibbenefika wkoll
minn sussidju fuq ir-rata tal-imgħax sa massimu ta’ 2%. L-Iskema se tkun
disponibbli sal-31 ta’ Diċembru 2022.
Din l-iskema hija l-ewwel minn
pakkett ta’ miżuri t’appoġġ li se jkun qed iniedi l-MDB fil-ġimgħat li ġejjin.
Il-gwerra fl-Ukrajna qed tħalli impatt fuq is-setturi ekonomiċi kollha u
b’risposta għal dan, l-MDB qed iħejji skema biex tiffaċilita l-aċċess
għal-likwidità lill-kumpaniji kollha li qed jintlaqtu minn din il-kriżi.
L-iskemi li se jitħabbru dalwaqt – li se jkollhom
eliġibbiltà usa’ – huma intiżi biex jgħinu lil dawk il-kumpaniji li għandhom
diffikultajiet ta’ likwidità. Bħall-każ tal-Iskema ta’ Garanzija tal-COVID-19
tal-MDB, il-Bank se joffri strumenti li jnaqqsu r-riskju biex jippermetti self
fuq working capital aktar aċċessibbli u b’inqas spejjeż, u b’hekk
jitnaqqas l-impatt fuq l-operaturi ekonomiċi kkonċernati. Aktar informazzjoni
dwar dawn l-iskemi tingħata aktar ‘il quddiem.