Ukraine has presented a 10-year plan for a three-fold economic jump.
Thursday, September 1, 2022

Ukraine has presented a 10-year plan for a three-fold economic jump.

The Ministry of Economy presented 10-step plan to international experts that Ukraine needs to triple its economy. The plan envisages the transition from a transitional economy of $4,000 per capita GDP per year to a developing economy with $12,000 per capita GDP per year. In practice, this will mean the creation of a Ukrainian economic miracle – 7% GDP annual growth over a long period of time, the Ministry of Economy said in a statement. One of the key steps that will ensure reform implementation will be economic liberalization and the creation of a free regulatory environment. “Even in war conditions, the government has started massive deregulation and implementing reforms,” said Minister of Economy Yuliya Svyridenko.

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