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Prime Minister: We propose a new reform agenda - 35 bills designed to ensure a 5-7% economic growth
31.01.2018 | 11:51

The Cabinet of Ministers of Ukraine, within the framework of a policy to accelerate economic growth, has developed a package of 35 bills in collaboration with the President of Ukraine, the business, and parliamentary factions called to solve 5 main tasks - business protection, deregulation and improvement of the business environment, facilitating access to financial and public resources, promotion of innovation. The adoption of these initiatives will allow the country to strengthen the economy and improve Ukraine's performance in the World Bank's Doing Business ranking. This was stated by Prime Minister of Ukraine Volodymyr Groysman during the Government sitting.

"We are starting a new political season, a new Parliament’s session, and, therefore, we must formulate our agenda," said Volodymyr Groysman. He stressed that last year all the shareholders had managed to consolidate the work and make the necessary decisions - in education, healthcare sectors, pension system, and later in the direction of introducing a competitive sale of non-strategic state assets.

"All this makes it possible to ensure our country’s dynamic development in 2018. If we had the autumn of reforms, now we have ahead a spring and summer reforms," said the Prime Minister. "I believe that together with the Parliament we will join efforts and will adopt necessary decisions. Drafted by the Government 35 bills create qualitative conditions for transformations".

Head of the Government emphasized  the elaborated package of documents encompasses several principal directions, in particular, transparent access to resources, deregulation, ease of doing business, business law protection, access to finance, and encouragement of innovation. The said package envisages creation of the Financial Intelligence Service, retrofitting of the work of the customs, the strengthening of the Business Ombudsman Council activities aimed to protect the rights of business. In the field of deregulation, the emphasis is placed on the deshadowing of the economy, simplifying the conduct of business in various areas, first in the oil and gas environment. The facilitation of access to financial resources encapsulates providing access to credit resources, forming commodity exchanges, simplifying investment activities, resolving bankruptcy procedures as well as privatization.

"We are focusing on laying the foundations for rapid economic upturn. We project an increase by 3%. But this is not enough, hence we need to create conditions that will allow us to move towards a new growth. It will be at least 5-7%. We single out this task as a medium-term perspective," the Prime Minister underscored.


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