11:16 21.09.2017

Ukraine could be 40th in Doing Business rating if country continues deregulation - PM

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Ukraine could be 40th in Doing Business rating if country continues deregulation - PM

If the deregulation continues Ukraine could be 40th in the World Bank's Doing Business rating, Ukrainian Prime Minister Volodymyr Groysman has said.

"In the past six months the government had introduced several important deregulation things. We have sent four new bills to parliament. They would allow Ukraine to reach top 40 of Doing Business after their adoption and implementation," the prime minister said at the Smart Business Challenge in Kyiv on Wednesday.

He said that the government understands problems of business, and ways to settle some of them is not in the center of the country, but in the regions.

As reported, according to Doing Business 2017, Ukraine was 80th among 190 countries and according to Doing Business 2016 (revised to meet methods applied this year) the country was 81st among 189 countries.

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