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Ukraine is a stable, safe and predictable market that is developing and worth to invest in, the minister said.
Ukraine's Finance Minister Oksana Markarova says the country's economy has been growing for the 14th quarter in a row, which creates favorable conditions for attracting investment.
"One cannot achieve real results without the desire to change. Since 2014, we have not just been mechanically moving along the path of reforms, but we have been systematically transforming Ukraine. Our economy has been growing for the 14th quarter in a row, while our balanced fiscal policy in 2018 allowed reducing the public debt to GDP ratio to 52.3%," the ministry's press service quoted Markarova as saying at the third Ukraine Reform Conference held in Toronto (Canada) on July 2-4.
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According to the official, the Ukrainian government has managed to reduce the tax evasion rate due to the successful reform of the State Fiscal Service, while the medium-term planning allowed pursuing a balanced fiscal, budget, and debt policy.
The said factors create favorable conditions for attracting investment.
"Ukraine is a stable, safe and predictable market that is developing, and it's worth to invest in it. We are doing utmost to ensure equal rights for all market players ... All this, against the background of improved macroeconomic indicators, creates favorable conditions for attracting investment," the minister added.
UNIAN memo. The growth of Ukraine's real gross domestic product in 2018 accelerated to 3.3%, a seven-year high, from 2.5% in 2017.
Ukraine's national budget for 2019 is based on a macroeconomic forecast with a 3% increase in real GDP.