The collection of proposals from the participants of the first stage of sectoral working groups established under the Ministry of Economy of Ukraine with the support of the Kyiv School of Economics as part of the work on the Plan of Ukraine has been completed. In total, 268 proposals for draft policies and legislative changes were received from businesses, as well as 368 proposals for investment projects.
Creation of the sectoral working groups is one of the activities of the Good Governance Fund Project “Economic Hub: Sound PFM Policies and Vision for Growth,” which is supported by UK Aid from the UK Government. The project delivery partners are Abt Britain and Kyiv School of Economics.
Proposals have been received in seven sectoral groups: energy, agriculture, transport and logistics, IT and communications, mechanical engineering, critical materials, and green steel. The activities of the groups are coordinated by the Ministry of Economy of Ukraine, with analytical and consulting support from the Kyiv School of Economics.
“We are pleased that businesses and experts have been so active and engaged in policy development and in offering promising investment projects. Now our task is to process them, investigate their usefulness for the development of industries, and select those that will truly contribute to the dynamic growth of the economy,” said Deputy Minister of Economy of Ukraine, Oleksii Sobolev.
Representatives of the agro-industrial complex provided the largest number of proposals for investment projects—123, while participants of the transport and logistics sectoral group offered the most proposals for changes in policies and legislation—85.
“The work of the sectoral groups has opened a new page of interaction between the state and business. We are building a system based on dialogue and constructive partnership. After processing, the most promising proposals from the participants will be submitted for consideration within the groups. If approved, the selected proposals will be included in the Plan of Ukraine and reflected in sectoral development strategies,” said Maksym Fedoseienko, Head of Strategic Projects at KSE Institute.
He added that, simultaneously with the process of processing the received proposals, preparations are underway to launch the second stage of sectoral groups. Thus, in September and October, the inaugural meetings will be held in groups focusing on pharmaceuticals, construction, creative industries, as well as finance and insurance.