The Cabinet of Ministers of Ukraine has approved a new version of the deregulation action plan. The document contains almost one hundred objectives for the preparation or adoption of decisions by central executive authorities aimed at simplifying the business environment and creating a favourable business climate in all sectors of the economy. The action plan was approved for the implementation of the Regulatory Environment Improvement Reform under the Ukraine Facility, as well as plans to implement the European Commission's recommendations on the 2023 EU Enlargement Package and the Government's priority actions for 2024. The Cabinet of Ministers adopted the relevant decision at its meeting on 3 September 2024.

“Deregulation and improvement of the business environment are extremely important for the recovery and further development of the Ukrainian economy and ensuring Ukraine's sustainability. The Government and international partners are paying increased attention to creating a favourable business environment and investment climate in Ukraine. And we are accelerating our work in this area.

The Interagency Working Group on Deregulation has reviewed more than 1,000 existing regulatory instruments. The recommendations of the IWG on the cancellation or optimisation of instruments, developed jointly with the expert community and taking into account business requests, formed the basis of the updated plan approved by the Government today. As a result of the plan's implementation, the business environment will be simplified, administrative costs will be reduced. This is the main goal of deregulation: businesses should spend a minimum of their time and energy on permits,” said Yuliia Svyrydenko, First Deputy Prime Minister of Ukraine and Minister of Economy of Ukraine.

The updated plan contains clear deadlines for the executive authorities to cancel, simplify or improve the instruments they manage - permits, approvals, conclusions, etc. Or, they should prepare and submit to the Government or support the Verkhovna Rada's consideration of draft decisions - if the decision to cancel or streamline instruments is within the competence of these public authorities.

In total, the plan includes about 100 tasks and 140 step-by-step measures aimed at simplifying the conditions for doing business in construction, energy, agriculture, land relations, transport, logistics, information and electronic technologies, foreign economic activity, manufacturing, etc.

The plan stipulates that the central executive authorities should carry out a significant part of the work by the end of 2024.

As a reminder, the Interagency Working Group on Accelerated Review of State Regulatory Instruments for Business has reviewed a total of 1,323 regulatory instruments for businesses. Of these, 456 were recommended for cancellation and 584 for simplification. So far, 122 instruments have been cancelled. The IWG includes representatives of the Ministries of Economy, Digital Transformation, Environmental Protection and Natural Resources, Justice, Finance, and the Regulatory Service. Experts from the Better Regulation Delivery Office, the Centre for Economic Recovery, the Centre for Economic Strategy, EasyBusiness, the USAID Competitive Economy of Ukraine Programme, and the USAID/UKAid Transparency and Accountability in Public Administration and Services (TAPAS) project are involved in the work of the IWG.