Business news from Ukraine

SHARE OF IT INDUSTRY OF UKRAINIAN ECONOMY IS 4% OF GDP – ECONOMY MINISTER

13 February , 2019  

The share of IT industry of the Ukrainian economy is 4% of GDP, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said.
“Today, the IT sector is 4% of GDP, 150,000 employees with high wages, who form the middle class. In a year and a half they will already be 200,000,” he said at a government meeting on Wednesday.
Kubiv also said that the government intends to support investments in innovations in such areas as the agricultural and industrial complex, the IT industry, aircraft manufacturing, tourism, infrastructure and other sectors.
“Together with the National Bank, we must form the best prerequisites for creating financial projects that will create new high-paying jobs,” Kubiv said.

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