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Ukraine needs restart after Covid-19 pandemic, - Finance Minister

Source : 112 Ukraine

According to Serhiy Marchenko, the government intends to implement measures to combat the crisis caused by Covid-19, so that the economy recovers
13:31, 18 September 2020

Ukraine's Finance Minister Serhiy Marchenko
24 Channel

Ukraine needs a restart after the coronavirus pandemic. This was stated by Finance Minister Serhiy Marchenko during the presentation of the draft state budget for 2021, broadcasted by 112 Ukraine TV channel.

"The country needs a restart," Marchenko stated.

According to him, the draft state budget for 2021 envisages support for business activities and a course for economic transformation, which is necessary for recovery from the crisis caused by Covid-19.

Related: Ukrainian parliament intends to establish Bureau of Economic Security

In addition, the government intends to implement measures to combat the above-mentioned crisis, so that the economy recovers and opportunities for development appear once again.

As we reported earlier, Chairman of the Verkhovna Rada Committee on Finance, Tax and Customs Policy Danylo Hetmantsev believes that Ukraine will receive the second tranche from the International Monetary Fund (IMF) this December.

"If we talk about what is happening with the International Monetary Fund now, we were supposed to receive a tranche in September. Obviously, this is not going to happen, but there is hope that our negotiating team will achieve results and we will get it in December," the statement said.

Related: Economy of Ukraine in coming years will grow by more than 4% of GDP, - Ministry of Economy

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