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Ukrainian government defines five reforms packages to provide economic growth
13:47, 30 August 2017
Ukrainian government defines five reforms packages to provide economic growth

It is the pension, education and medical reforms, the electronic trust operations that will influence the easy of doing business in Ukraine and the international standards of the financial reports

13:47, 30 August 2017

Groysman Twitter

The Government of Ukraine defined five prioritized packages of the reforms that will provide the further economic growth. The Prime Minister of Ukraine Volodymyr Groysman reported this at the meeting broadcasted by 112 Ukraine.

‘We defined five prioritized packages of the draft laws that are in the parliament but the final solution or the solution in the first reading are necessary for them. It is the solutions that are expected by the people today. And it is very important that it is the solutions that allow changing the business landscape and business climate in our country for better; it is the solutions that allow us to provide the further economic growth. The solutions that we offer are completely ready for approval in the first and second readings by the Ukrainian Parliament’, the Prime Minister reported.

‘We concentrated the packages of the necessary reforms and changes that will get through the parliament and will positively influence the life quality of the Ukrainian citizens for the first time and it is very important that they can be passed this autumn’, Groysman added.

The head of the Ukrainian government also emphasized some packages of the draft laws among others: ‘Five reforms that consist of some packages of the draft laws. All of them are important for the life of the Ukrainian citizens. It is the pension, education and medical reforms, the electronic trust operations that will influence the ease of doing business in Ukraine and the international standards of the financial reports. All these concern the business climate in Ukraine’.

Groysman also reported that four draft laws on the pension reform are in the Parliament at the moment.

‘We have four draft laws on the pension reform in the parliament. The solution of one is made for the basis. We prepare the draft law for the second reading and it will give a possibility to hold the reassessment of the pensions for five million and 625 thousands Ukrainian citizens and hold the indexation of the pensions for four million. Totally, nine millions of the Ukrainian pensioners will get the updating and indexation that means the system rise of the pensions’, he noted.

According to the Prime Minister, it is possible to do this since October 1.

The retirement age remains to be unchangeable and despite all talks, people who honestly worked the whole life they have a right to retire in 60 years’, Groysman added.

Groysman noted towards the education reform that the draft law on it can be passed in the first days of the next parliament’s session.

‘The education reform…The Ministry of Education headed by the minister, the governmental team, social and expert communities worked to create the quality draft law that is at the parliament and it is ready for the second reading and can be passed in the first days of the next session of the Ukrainian Parliament. It will allow us to give more autonomy to the educational process, to provide more advantages towards the education of our children; we talk about the development of the different competencies of our children and return to the respect for the Ukrainian teacher’, Groysman reported.

He also said about the medical reform. ‘We move away from the practice of the financing of the healthcare establishments or beds. We will finance the certain medical service for every Ukrainian citizen. We will change the system of the payment in the health care system that will allow us to scale up the wages of the doctors’, the Prime Minister commented.

‘The electronic trust operations are the issue of the Ukrainian business and creation of the business landscape. We can create the reliable tools of the electronic identification for the business and we work on this today so we need a certain legal response. Online-interaction of the business will be regulated by the law and other bodies of the state authorities. A person will have no need to go anywhere but only work using the electronic service that we will implant’, Groysman reported.

Moreover, the Ukrainian Prime Minister commented on the international standards of the financial reports.

‘All these draft laws will increase our level of Dow Jones Industrial Average that will allow us to invest more in the national economy and will give a possibility to provide the transparency of the companies and liquidate the old Soviet-era norms of the financial reports that still exist and they are limiting factor for the business development’, Groysman noted.

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