Business news from Ukraine

UKRAINE APPROVES NATIONAL ECONOMIC STRATEGY UNTIL 2030

4 March , 2021  

The Cabinet of Ministers of Ukraine has approved the National Economic Strategy until 2030.
The corresponding decision was made at a government meeting on Wednesday.
“The National Economic Strategy-2030 is a comprehensive document that should lead Ukraine to the club of developed and successful countries. The strategy was developed with the involvement of experts, scientists, officials, MPs. This will become a significant contribution to the development of a successful, wealthy and European Ukraine,” Prime Minister Denys Shmyhal is quoted by the government’s press service.
It is reported that more than 500 participants have joined the creation of the Strategy: representatives of more than 20 analytical centers, more than 30 business associations, 40 executive authorities, the expert environment and civil society, and MPs.
The document defines strategic steps for the development of industry, agricultural sector, mining, infrastructure, transport, energy sector, information and communication technologies, creative industries and services.
The Strategy also takes into account important cross-cutting areas – digitalization, Green Deal, entrepreneurship development and balanced regional development.
“Among the principles on which the National Economic Strategy is based are European and Euro-Atlantic integration, inviolability of private property, rule of law, intolerance to corruption, free and fair competition, equal access for business,” the government said.