President of Ukraine

The bill on "investment nannies" will be registered in the parliament shortly - President

20 May 2020 - 12:50

The bill on

All bills aimed at improving the investment climate in Ukraine will be registered in the Verkhovna Rada soon. In particular, the investment threshold for participation in the "Investment Nanny" program will be reduced from $ 100 million to $ 30 million, as stated by President of Ukraine Volodymyr Zelenskyy.

"Investment Nanny" - the project is ready. In the near future it will be registered in the Verkhovna Rada of Ukraine. We have not registered anything in the Verkhovna Rada until it could function properly (after the mitigation of quarantine measures imposed due to the spread of coronavirus - ed.). We registered and voted for the laws related to the fight against COVID-19," the President said during a press conference in Kyiv.

According to the President, the draft laws on capital amnesty and a package of bills on democracy and referendum will be submitted to the parliament soon.

In addition, the President noted that in order to support Ukrainian and foreign investors, it is planned to reduce the investment threshold for participation in the "Investment Nanny" program from $ 100 million to $ 30 million.

"We have lowered this bar. "Investment Nanny” is a special VIP manager who will be attached to any investor who invests $ 30 million plus in Ukraine," Volodymyr Zelenskyy said.

Investors who invest more than $ 10 million in the Ukrainian economy will be offered income tax benefits.

The President also emphasized that small-scale privatization was underway in Ukraine, and the State Property Fund had exceeded the plan of privatization revenues.

Large-scale privatization, according to the Head of State, will begin after the end of the COVID-19 epidemic. The first objects to be sold are those belonging to the State Administration of Affairs.

Volodymyr Zelenskyy noted that Centerenergo would also be preparing for privatization.

The President said that in the near future he would sign a law passed by the Verkhovna Rada to improve the regulation of banking activities allowing Ukraine to continue cooperation with the IMF and support the economy.


Press conference of the President of Ukraine

20 May 2020 - 11:28