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  • Ukraine has a great development potential and we set a task to achieve economic growth of 5 % or more, says Volodymyr Groysman
    Information and Communication Department of the Secretariat of the CMU, posted 12 February 2019 09:49

    Ukraine possesses a great potential for development, and the Government amid  all this year’s threats and election campaigns sets objectives to achieve economic growth of 5 % or more. Prime Minister of Ukraine Volodymyr Groysman made this statement during the 15th Dragon Capital Investor Conference. The conference was attended by President of Ukraine Petro Poroshenko, members of the Government, heads of international financial organizations, leading Ukrainian and foreign business associations and enterprises.

    The attendees emphasized significant upturn in business activity in Ukraine.  The business circles are positively evaluating the economic development  and are ready to invest in projects in the fields of infrastructure, logistics, engineering, and tourism.

    "It is good when the morning begins with an investment conference and we are talking about the country's development, investment and creation of new opportunities. New enterprises, new products, new companies are things the country needs. The economy should recover and grow. The Government is entrusted with ambitious task. We identify economic growth to the tune of  5 percent or more as a priority task," the Prime Minister stressed.

    The Head of Government stressed that the key to achieving the said goal is to carry out structural reforms that have already been put in place in medicine, education, decentralization, and the creation of a high-quality business climate. According to the Prime Minister, this year will become significant one in view of introduction of changes in the judicial system. Moreover, positive changes are already felt.

    "This year will become not only a year (pre-election) threats, but also a year of opportunities. We entered new year with a new IMF program as well as with approved  budget. We are switching to medium-term budget planning, we started reforming the fiscal service, customs service ",Volodymyr Groysman underlined.

    He placed a special emphasis on the fact that his Governemnt stands for entrepreneurs, because he understands the problems of business and conducts active dialogue with entrepreneurs.

    "From January 1, we have retrofitted the system of inspecting authorities. The previous system was a Soviet one, now we have a risk-oriented system. We have  ambitious plans to improve positions in Doing Business index. And I thank the business for its clear position in countering populism because the country has to pay a heavy price for it. In this regard, I hail staunchest and uncompromising position of the business circles", the Head of Government said.

     Volodymyr Groysman emphasized that not only the Government, but responsibility, commitment to work and protection of interests of citizens can change the country and he called on business to continue invest in order to make Ukraine stronger.

    Ukraine has a great development potential and we set a task to achieve economic growth of 5 % or more, says Volodymyr Groysman