Business news from Ukraine

Business news from Ukraine

AUTHORITIES ARE AGAIN CONSIDERING MERGER OF MINISTRY AGRARIAN POLICY WITH MINISTRY OF ECONOMY

24 June , 2022  

It is planned to merge the Ministry of Agrarian Policy and Food with the Ministry of Economy by the end of 2022 and create a new Ministry of Economic Development and Innovation.
According to the General Plan for the Transformation of the Executive Power in Ukraine, which is at the disposal of the specialized publication Agroportal, the united ministries will be included in the Economic Growth and Innovation block.
According to him, the united department will be tasked with deepening processing in the Ukrainian agro-industrial complex, as well as increasing the export of agricultural products.
In general, 20 ministries functioning in the country are planned to be united into 12.
As reported, in August 2019, the Verkhovna Rada approved the merger of the Ministry of Agrarian Policy and the Ministry of Economy into the Ministry of Economic Development, Trade and Agriculture.
In 2020, the Cabinet of Ministers recreated the Ministry of Agrarian Policy by canceling its affiliation with the Ministry of Economic Development, Trade and Agriculture and determined its number at 203 people.

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