Parliament needs to adopt 35 bills to facilitate economic growth – Prime Minister

Source : 112 Ukraine

The bills are expected to improve the business climate, transparent access to public resources, deregulation, etc.
15:23, 31 January 2018

Open source

Ukraine’s Prime Minister Volodymyr Groysman has said that the Parliament should adopt 35 bills, which, according to him, are likely to create the conditions for improvement of the countrywide business climate and the nation’s economic growth, Interfax-Ukraine reports.

Related: NBU’s decision to sharply boost refinancing rate may slow economic growth – NBU Council head

“We are discussing 35 bills that are very necessary for us to facilitate economic growth. It is extremely important that the growth is not wavy and is sustainable over a long period of time,” he said during a government meeting in Kyiv on Wednesday.

Related: Corruption costs 2% of economic growth for Ukraine, - IMF

According to the Prime Minister, those bills are only a part of the state policy that will enable the government create conditions for economic growth.

“A set of measures, following the adoption of necessary bills in the Parliament, will help create conditions that will be assessed by corporations, and the corporations will do their job. It will invest in the development of the domestic economy,” Groysman explained.

Related: Ukraine passed bottom of economic cycle and has initial economic growth

The Prime Minister outlined a number of priorities for the government in 2018 that will improve the country’s business environment and create conditions for fast and sustainable economic growth, particularly, in ensuring transparent access to public resources for business entities, ensuring deregulation and improving the business climate, in protecting corporate rights, easing access to finance, as well as encouraging innovation.

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