View the presentation<\/a><\/strong><\/p>\nBusiness assessments of the dynamics of the investment climate have been rather controversial. Almost half of the respondents – 46% of CEOs believe that the investment climate remains constant compared to the previous 6 months, while 28% believe it has become better and 26% think it has declined.<\/p>\n
Among the positive changes observed by the business over the last six months, CEOs noted the gradual stabilization of the political situation, the start of the reform of the land market, stable national currency, reform of the Tax and Customs services, the launch of the concession mechanism, the start of the Supreme Anticorruption Court, decrease in inflation, the abolition of dividend repatriation limits, increase in consumer buying power.<\/p>\n
The top problems are traditionally high level of corruption, weak judicial systems, labour migration. Entrepreneurs also complain about the hasty and unsystematic work on tax changes, the slow de-bureaucratization of business processes, the situation around the National Bank and pressure from law enforcement agencies, the slow modernization of infrastructure, the potential breakdown of cooperation with the IMF, the turbo regime of the new government and populism.<\/p>\n
However, despite the negative assessment of the current situation in the country, the business remains optimistic about the future. Thus, 41% of directors expect that the investment climate will slightly improve over the next six months, although 53% doubt whether Ukraine will be a profitable market for new investors.<\/p>\n\t
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