President Poroshenko says his goal is to see Ukraine rise to 50

Thursday, November 1, 2018
President Poroshenko says his goal is to see Ukraine rise to 50

President Poroshenko says his goal is to see Ukraine rise to 50th place. In this band – generally occupied by Eastern Europe and Mediterranean countries – Ukraine’s best categories are: dealing with construction permits – 30; getting credit – 32; paying taxes – 54; starting a business – 56; and enforcing contracts – 57. Ukraine’s bottom categories are at African levels: getting electricity – 135; and resolving insolvency – 145. Addressing a business audience Wednesday, Poroshenko noted the ratings are made in May and do not factor in Ukraine’s new bankruptcy law, which he expects to sign this month.

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