KYIV. July 17 (Interfax-Ukraine) – Ukraine’s Investment Attractiveness Index has reached 2.88 points and this is 0.31 points more than in the past six months, according to the investment attractiveness index study conducted by the European Business Association (EBA) in May.
A total of 92 top managers working in the EBA-member companies were polled.
According to the EBA’s materials, the index showed the largest indicator in the four years: the main factor improving it was stability of the national currency.
“Some 78% of top managers are not satisfied with the state of investment climate. There are three reasons: a zero pace of reforms, absence of systemic changes and corruption at all levels,” the EBA said in a press release.
Some 42% of respondents expect that investment climate would improve in coming six months.
A total of 91% of respondents did not notice signs of the judicial reform and they are not satisfied with fight against corruption, 79% of them do not see signs of stabilization of the financial system, 65% do not see changes in the land reform, 51% do not feel facilitation of customs procedures, while 50% are satisfied with the course of VAT refunding.
Some 30% of top managers believe that the new government team would not be able to introduce reforms.
