The state investment of over UAH 100 billion in infrastructure development has caused a good multiplier effect in the economy. This was stated by Prime Minister Denys Shmyhal in an interview with LB.ua.

The Head of Government noted that the money invested by the state in the economy and infrastructure provides a multiplier of 5, i.e. they give a fivefold effect on the economy from the initial investment in terms of taxes, wages, reinvestment.

"I am convinced that this was one of the most important factors why the state's economy did not fall by the expected 12%, as had been predicted by some of our international partners and think tanks, but by 4% of GDP – it is one of the lowest showings. Experts confirm that this is the effect of investments," said Denys Shmyhal.

The Prime Minister noted that this year the Government continues to scale up the economic development thanks to state investments in infrastructure.

"We expect that next year GDP growth will be up to 5% - this is also the result of investment. We are trying to develop the program "5-7-9", as well as a new program of mortgage lending at 7%, there will also be established State Financial-Housing Leasing Company. All these things will provide a good economic development," the Head of Government noted.