The meeting created a manifesto calling for immediate action from partners to protect Ukraine’s economy.
The energy company DTEK called on world leaders and investors to strengthen the protection of the Ukrainian economy by creating conditions for the flow of private capital into the country. This was said by DTEK CEO Maxim Timchenko during the World Economic Forum in Davos.
“Protecting our economy is one of the most important elements necessary to win this war. There are companies in Ukraine capable of doing this, as well as large projects that can receive financing from banks. However, it is necessary of additional capital to implement them, and we are here We hope for support from governments and international financial organizations,” he said.
According to Timchenko, the International Monetary Fund can direct its fund flows not only to government agencies. “It is time to turn our attention to the private sector to restore the Ukrainian economy,” he added.
At an event dedicated to the continuation of Ukrainian business, a manifesto was created calling for immediate action from partners to protect the Ukrainian economy.
In particular, the document called on foreign governments and microfinance organizations to increase funding for private business in Ukraine and to create an investment group to coordinate local and global actions to revive business.
In addition, to revive Ukrainian business, international investors were encouraged to build relationships with Ukrainian partners with the necessary experience, as well as to cooperate with Ukrainian businesses abroad.
Also, as part of the manifesto, an appeal was made to the Ukrainian government and domestic business to take advantage of the moment to accelerate reforms and liberalization of markets.
We remind you that on January 16, President Vladimir Zelensky took part in the meeting Head of big business – Ukraine within the framework of the World Economic Forum in Davos, where he met with major investors.
The Ministry of Economy forecasts GDP growth of 4.6% in 2024. Investment is expected to grow by 29.6% compared to 2023, generating the most positive contribution among components to GDP growth.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.