First Deputy Prime Minister - Minister of Economy of Ukraine Yulia Svyrydenko took part in a meeting with representatives of the European Business Association. The participants of the event discussed important issues for entrepreneurs - balancing the fiscal policy of the state, transparent regulation of trade, food and pharmaceutical products, the need to update labor legislation.
"We are pursuing a policy of reducing the public sector by attracting private investors and open privatization. We carry out and improve corporate reform. In particular, we are working to ensure the Government's Nomination Committee work more effectively. We are grateful to our international partners who are actively involved in its work," said First Deputy Prime Minister - Minister of Economy of Ukraine Yulia Svyrydenko.
Currently, the Ministry of Economy is preparing to launch a number of projects that have a high economic multiplier and social significance. They are the priorities of the Government and the team of the President of Ukraine Volodymyr Zelenskyy.
In particular, the implementation of the following initiatives is planned:
- thermal modernization of buildings;
- affordable mortgage at a fair 5%;
- land irrigation project in the south of Ukraine, which will help increase their fertility and strengthen the country's export potential;
- project Mechanical Engineering: Lending and Leasing at 5%. The state will encourage Ukrainian shipbuilding and mechanical engineering through long-term leasing.
"Increasing exports remains a priority. First of all, through the Pan-Euro-Med area, and this will be facilitated by the recently concluded Free Trade Agreement with Turkey. It is also important to provide access of businesses to export lending through the Export Credit Agency. For this purpose, funding has already been fixed in the State Budget," Yulia Svyrydenko stressed.
These measures and projects stimulate demand for strategically important sectors of the economy, improve the investment climate and aim to improve the well-being of citizens.
As was reported, Ukraine's economy is showing a trend towards stable growth. The year of 2021 showed GDP growth of 3.2%. Also, our country has the highest dollar GDP in the history of Ukraine - almost USD 200 billion.