Ukraine can enter the top 10 of the World Bank’s Doing Business rankings in 3-4 years – President in a meeting with business representatives
It was stated by the Head of State during the forum "Dialogue Between State Authorities and Business" on June 20 in Kyiv.
The team of President of Ukraine Volodymyr Zelenskyy will make every effort to ensure that in the next 3-4 years Ukraine will enter the top 10 of the World Bank’s Doing Business rankings. It was stated by the Head of State during the forum “Dialogue Between State Authorities and Business” on June 20 in Kyiv.
He also said that the inventory checking of the presidential decrees had been carried out and the documents restraining the development of the economy had been abolished.
“Our team in the Presidential Administration does not waste time. We conducted a complete inventory checking of the presidential decrees. These are the decrees that interfere in the economy. And today they are abolished,” the Head of State said.
According to him, it is a question of draconian fines for violating cash discipline, restrictions on the establishment of prices for their services by notaries and prohibition of using fabrics of foreign production for the manufacture of school uniforms.
The President also said that the demand for the mandatory sale of foreign exchange earnings had been abolished from today. “This is not only a reduction of various restrictions for business, but also a sign of macro-financial stability in the country. For this and other things, we must thank the National Bank of Ukraine. I am convinced that this is the result of its independence, I will respect and protect it,” Volodymyr Zelenskyy added.
According to the Head of State, there will be more changes in the future. The President also stressed that Ukraine would continue European integration and cooperation with the IMF, which would help reduce the debt burden of the country.
In addition, Volodymyr Zelenskyy stressed that his team would work on improving the credit rating, which is currently at the level of B-. He promised to change the situation in a few years. The priorities are also the restoration of a positive image of Ukraine in the world, which will help attract investors, overcome corruption, fight against smuggling and raiding. The President also supported large-scale privatization and deprivation of the Security Service’s uncharacteristic functions.
