Creating a digital enclave economy, Ukraine plans to more than triple the IT share of Ukraine’s GDP, from 3% today to 10% by the end of Zelenskiy’s term, in 2024,

Creating a digital enclave economy, Ukraine plans to more than triple the IT share of Ukraine’s GDP, from 3% today to 10% by the end of Zelenskiy’s term, in 2024, Mikhail Fedorov, Digital Transformation Minister, told reporters Tuesday. The goal is to more than double the number of Ukraine’s IT workers, from 200,000 today, to 450,000 in 2024. To get there, the government submitted bills to the Rada Monday that will create a virtual ‘Diya.City’. Under this umbrella, companies could be registered in minutes, workers would pay 5% income tax rates, and employers would enjoy liberalize labor codes.