Zelensky Promised Ukraine an “Avalanche” of Investment

The economic reforms implemented in Ukraine create opportunities for a large investment flow in the country. This was announced on February 3 by the head of state Volodymyr Zelensky. “Ukraine should be covered by an avalanche of investments, both external and internal. Today we have the necessary prerequisites for this,” the 112 Ukraine television channel quotes the President. Zelensky added that the investment influx is promoted by a sustainable economic growth and steady macroeconomic stability, an increase in the country’s GDP, a decrease in inflation, an increase in forex reserves, as well as credit rating growth and a change in the estimates of international agencies to “stable” and “positive”. Earlier, on February 1, Viktor Medvedchuk, head of the Opposition Platform - For Life party, said the sharp influx of speculative capital into bonds of the domestic government loan, observed amid a slight growth in foreign direct investment, may lead to the collapse of the Ukrainian economy. On January 28, Ukrainian Prime Minister Oleksiy Honcharuk announced that the Ukrainian government had set an “ambitious goal”: in five years, upon implementation of the set program, the country should meet the criteria for membership in the European Union. Prior to this, Deputy Prime Minister of Ukraine Dmytro Kuleba said that the country’s “continuous and irreversible” desire to join the EU positively affects the Ukrainian economy and ensures high standards of security and well-being of citizens.