PM Groysman: Capital investment grew by almost 20 percent last year

PM Groysman: Capital investment grew by almost 20 percent last year

Ukrinform
Last year, the growth of capital investment in Ukraine was almost 20 percent.

“Inflation slowed down to a single digit level, and the growth of capital investments was almost 20 percent. Last year, 957 industrial and production facilities were repaired and reconstructed, giving new products and new jobs,” Ukrainian Prime Minister Volodymyr Groysman said at the Cabinet’s meeting, an Ukrinform correspondent reports.

According to him, a surge in economic growth entails an increase in investment. And investment means a favorable business climate.

“We have canceled more than 700 regulations, introduced new building codes, changed the compliance monitoring system. Our ranking in Doing Business improves every year and we have an ambitious plan to enter the TOP-50,” the Prime Minister noted.

"The Government began this year with a balanced, timely adopted budget and the largest gold and foreign exchange reserves over the past five years. We implement a public debt management strategy and limit the budget deficit to 1.7 percent of GDP," he added.


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-