Capital investments in Ukraine grew by 26.6% in H1 2018 – Kubiv

Capital investments in Ukraine grew by 26.6% in H1 2018 – Kubiv

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Ukrinform
Capital investments in Ukraine grew by 26.6% in the first half of 2018 compared with the corresponding period in 2017.

First Vice Prime Minister – Minister for Economic Development and Trade Stepan Kubiv stated this during Government Question Hour meeting, an Ukrinform correspondent reports.

“Capital investments increased by 26.6% in the first half of 2018 compared with 2017. Almost half [of the funds] was invested in new equipment and machinery," Kubiv said.

He also stressed that a large number of entrepreneurs come out of the shadows.

"According to the data by the Economic Development Ministry, the level of the shadow economy lowered by 3 percentage points in the first half of 2018 compared to the corresponding period in 2017, to 32% of the official GDP. The shadow economy has decreased by 11 percentage points from 2014," Kubiv said.

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