National Economic Strategy 2030 provides support for small and medium-sized businesses – Petrashko

National Economic Strategy 2030 provides support for small and medium-sized businesses – Petrashko

Ukrinform
The National Economic Strategy of Ukraine until 2030 provides support for small and medium-sized businesses, including expanding access to finance and simplifying the regulatory environment.

Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko said this during the second meeting of the public discussion of the draft National Economic Strategy of Ukraine until 2030, an Ukrinform correspondent reports.

"Among the key vectors of the National Economic Strategy until 2030 are the development of a business support ecosystem, expanding access to finance and simplifying the regulatory environment. These three blocks influence the development of every entrepreneur," Petrashko said.

He noted that the challenges of the global and national recession associated with the coronavirus crisis will worsen the prospects for business development, which, in turn, requires compensation mechanisms from the state.

"We are talking about simplifying the conditions for doing business, as well as the introduction of various support programs," the minister said.

He reminded that the government had taken a number of measures, namely: the introduction of a moratorium on business inspections, deregulation of the conditions for doing business, and digitalization of processes.

The minister also noted that the state program "Affordable Loans at 5-7-9%" will continue to expand to become more affordable for small and medium-sized businesses.

The National Economic Strategy of Ukraine until 2030 is being developed by a working group of the Cabinet of Ministers on the platform of the Center for Economic Recovery. Discussions on the draft National Economic Strategy of Ukraine until 2030 began on January 22 and will last until February 10.

ish


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.

© 2015-2021 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-