On May 10, during his working visit to Jordan, Minister of Finance Oleksandr Danyliuk participated in the panel discussion “Ukraine is an attractive destination for investors – how to keep this status?” which took place at the annual forum of the European Bank for Reconstruction and Development (EBRD).
The moderator of the discussion was Francis Malige, EBRD Managing Director for Eastern Europe and the Caucasus at the European Bank for Reconstruction and Development. The discussion was also attended by Sevki Acuner, EBRD Director for Ukraine, deputy Head of the National Bank of Ukraine Roman Borysenko, deputy Minister for Economic Development and Trade Maksym Nefyodov, head of the National Investment Council at the President of Ukraine Julia Kovaliv, general director of Horizon Capital Lenna Kozharny and owner of Aquanova Development LLC Ihor Tynny.
Participants of the panel discussions agreed that Ukraine managed to implement more important structural changes in the last 4 years compared to the previous 20 years. It sent an important signal to international investors who are getting increasingly interested in business opportunities existing in Ukraine. They also stated that Ukraine has to carry on its reforms paying special attention to the creation of the Anti-Corruption Court and implementation of new privatization procedures for state-owned companies.
Minister of Finance Oleksandr Danyliuk said that despite a challenging situation and the war going on Ukraine had managed to stabilize its financial system and return to economic growth.
“We have resumed our economic growth and finalized the fiscal consolidation. The GDP of Ukraine has been growing for three consecutive years. This year we expect our economy to grow by 3%”, Oleksandr Danyliuk said during the discussion.
The Ministry of Finance also said that the Government has no right to come to a standstill in its reform efforts. According to Oleksandr Danyliuk, Ukraine looks soberly at all barriers on its way to economic growth and is taking resolute steps to implement all necessary measures to remove them.
“I believe that Ukraine will continue to get stronger thanks to the commitment of our people and our Government to the way of reforms supported by our international partners”, Oleksandr Danyliuk said.