Yulia Kovaliv: Each $1 bln in foreign investments adds 1% to Ukraine’s GDP growth

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Ukrinform
Each additional billion dollars of foreign investments is an additional 1% to Ukraine’s GDP growth.

Yulia Kovaliv, Head of the Office of the National Investment Council stated this during the forum on foreign direct investments, an Ukrinform correspondent reported.

"When we look at the biggest taxpayers, most of them, apart from state-owned companies, are large international companies," Kovaliv said.

She explained that a large part of tax payments falls on large international companies, as they pay official salary and strictly observe the Ukrainian legislation, first of all because these companies have a completely different culture of doing business.

"Each additional billion dollars of foreign investments is an additional 1% to GDP growth," Kovaliv said.

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