Ukraine Cabinet cancels over 360 regulatory acts in deregulation spree

The Ukrainian Cabinet of Ministers within the framework of the deregulation process abolished 367 regulatory acts related to different areas of business in Ukraine, an UNIAN correspondent reported from the Cabinet’s Wednesday meeting.

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The corresponding decision has been issued in a government decree and adopted unanimously.

Prime Minister Volodymyr Groysman at the proposal of Justice Minister Pavlo Petrenko ordered to set up an interagency working group to analyze the possibility of cancellation of an additional package of regulations, previously adopted at the level of ministries and departments.

Read alsoEconomy Ministry: Ukraine’s shadow economy down to 38% of GDP"I am giving the instruction ... A month and we [have to] adopt another package of decisions, to destroy overregulation at the ministerial level," said Groysman.

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