Wednesday , November 22 2017
Home / economy / The government changed the model of development of economy of Ukraine

The government changed the model of development of economy of Ukraine

Правительство меняет модель развития экономики УкраиныThe government intends to focus on investment planning and innovations in the industry.

The government of Ukraine in 2017, changing the model of economic development and lays the basis for growth in investment demand and increasing exports. This was announced by first Vice Prime Minister of Ukraine Stepan Kubiv during a governmental seminar on “Economic development of the regions: strategy and instruments of attracting investments and increasing export potential”.

See also:  In Ukraine put up for sale unique domestic sports car

“We are now discussing the project of innovative development of industry of Ukraine until 2025,” – said Kubiv.

According to him, the key priorities of such development should be the growth of labor productivity in the processing, increasing the share of industrial goods in the export structure, reducing the intensity of production, and entering new markets, including in Asia and Africa.

We will remind, earlier the Cabinet of Ministers published the plan of prioritetov until 2020.

See also:  The issue of Ukraine was excluded from the agenda of the IMF

The document particularly says that economic growth should be achieved by increasing exports and investment, tax and customs reform, deregulation, land reform, privatization, reforming the energy sector and maintaining macroeconomic stability through continued fiscal consolidation. It needs to provide new jobs, higher wages and poverty reduction.

© 2017, All rights reserved.

Check Also

The Ministry of Finance reported according to the Budget requirements of the IMF

Ukraine failed to take into account all the rules. The draft state budget for 2018, …

Leave a Reply

Your email address will not be published. Required fields are marked *