The US will help Ukraine modernize business support and attract private investment.

Friday, February 9, 2024
The US will help Ukraine modernize business support and attract private investment.

“Now we strive for the fastest possible recovery of the economy, which is impossible without the involvement of private investment. And for this, we need to expand, insuring investors against military risks. We propose to involve the DFC or other financial organizations in this,” said Economy Minister Yuliya Svyridenko, noting that USAID will assist.

The agency will also discuss the strategy for developing small and medium enterprises until 2027.

“This year, we want to modernize business support programs to increase efficiency. We must focus on creating new jobs and increasing the contribution of new enterprises to the creation of additional GDP. Therefore, we will focus more on developing small and medium-sized businesses, especially processing enterprises. We invite our American colleagues not only to expand the financial support of relevant programs but also to share in our experience of increasing the effectiveness of such support,” added Svyridenko.

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