How can Ukraine create conditions for the investment boom after the war’s end?
Currently, Ukraine has very little hope for massive private commercial investments even after the safety situation stabilizes, says CES Senior Economist Yurii Gaidai at the event “Ukraine Macro Outlook” by CFA Society.
One of the reasons for that – issues with the rule of law.
At first we can expect only occasional pragmatic commercial investments in specific industries (agriculture, construction), and we need to leave a good first impression. For that, judicial system reform is needed
The second important issue to solve is the reform of the taxation system which is one of the pillars of the current business structure in Ukraine.
Today ⅔ of businesses don’t have transparent business models which can be trusted, which limits investment opportunities.
Yurii believes: if we manage to do both reforms quickly and effectively, then we could expect an inflow of investments to Ukraine in the coming years after the war is over.
Listen to the full event recording here.