Ukraine is counting on an additional influx of foreign investors
Increasing the presence of foreign business in Ukraine will be the first positive signal for all economic players.
This confident adviser to the President of Ukraine on economic issues Oleh Ustenko reports to Ukrinform with reference to OP.
He stressed that practical support for the Ukrainian economy, including active investment, is important in times of challenge. That is why Volodymyr Zelensky called on business representatives of partner countries to actively invest in the implementation of projects in Ukraine.
“The economy is not only about financial indicators, it is also about trust. financial community “, -usten Ustenko.
According to him, this is due to the fact that at a meeting with representatives of foreign media, the President noted the need for economic measures to support the Ukrainian economy and called for investment in Ukraine.
“The president has given a very clear message: now we are in a difficult security situation, but at the same time the country continues to work, the country has a year of its citizens and ensures the normal functioning of the economy.
He noted that increasing the presence of foreign business will be the first positive signal for all economic players. “Secondly, it is an additional stimulus for the development and growth of our economy. Thirdly, this area supports economic stability despite the information events and security challenges that currently exist in Ukraine,” said the economist.
Ustenko reminded that due to the tense situation and reports of a possible escalation since the beginning of the year, almost $ 1.5 billion of the National Bank’s gold and foreign exchange reserves have been used to ensure the stability of the national currency.
Although the current level of reserves is about $ 30 billion, which corresponds to four months of Ukrainian imports, according to him, their rapid replenishment “would be desirable for Ukraine.”
According to the President’s adviser, this path is the most correct, as Ukraine can not enter foreign markets to borrow capital, for which it then pays additional interest.
At the same time, Ustenko says that Ukraine is also actively working with key partners and international organizations and negotiating financial assistance packages in the form of state guarantees or direct intergovernmental loans.
Yes, Canada is the first to decide to support the economy with $ 120 million. In addition, Ukraine received positive signals from the European Union about the opening of macro-financial assistance programs for 1.2 billion euros.
“We also look forward to continuing to work with the International Monetary Fund and hope to withhold about $ 2 billion in the near future. In addition, we expect to receive such an official credit guarantee from the United States,” he said.
Zelensky said that during a meeting with journalists from foreign media, he called on business representatives of partner countries to actively invest in Ukraine to provide practical support to the Ukrainian economy.