Business news from Ukraine

NEXT YEAR UKRAINE’S BUDGET FOR MEDICINE TO DOUBLE BUDGET OF 2019

10 September , 2021  

Prime Minister of Ukraine Denys Shmyhal has said that next year, 2022, the budget for medicine will exceed the budget of 2019 by two times during the discussion panel of the forum “Recovery plan for Europe” in Karpacz (Republic of Poland).
“In parallel with the reform of medicine, we are changing our approaches. We are paying more attention to the scientific basis, development and production of our own drugs and vaccines,” the press service of the government quoted the prime minister as saying.
Shmyhal also noted that the crisis caused by the COVID-19 pandemic had affected the whole world, therefore, the countries should look for ways to overcome the challenges together.
He stressed that there are several scenarios for overcoming the crisis, and the common challenge of the countries today is to ensure an equitable and fair recovery for the entire society. He voiced a number of priorities, without which it is impossible to get out of the crisis today.
“First, one needs to have an understanding and vision of the strategy. For the first time since Ukraine’s independence, we have developed an economic development strategy until 2030, which contains more than 30 vectors and 12 programs,” Shmyhal said.
In addition, economic recovery, according to the Prime Minister, is impossible without government and business support for infrastructure projects.
“President Volodymyr Zelensky initiated the Big Construction program. Ukraine has the opportunity to build roads, restore infrastructure, bridges, airports, train stations. We pay a lot of attention to public-private partnership, which is also an important area of overcoming the crisis. Governments must take leadership to bring countries out of the crisis, but without the support of society and business, it is impossible to overcome the challenges we face,” Shmyhal said.
Among other things, the head of government noted the importance of the green transition, since it is “not only about climate change, but also about the well-being of people, significant investments, the development of hydrogen technologies and other innovative areas.”
In conclusion, Shmyhal stressed that the countries should pay attention to the development of trade and investment space and take joint steps to enhance security in the region.
As reported, Shmyhal paid a working visit to the Republic of Poland on September 9. During the visit, he met with Chairman of the Council of Ministers of the Republic of Poland Mateusz Morawiecki, Prime Minister of the Republic of Slovenia Janez Janša and took part in the discussion panel of the XXX Economic Forum in Karpacz.

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