In August 2022, the production recovery in Ukraine continued, but the dynamics of the indicators of the economic conditions indicate a possible slowing down of the recovery trend in 6 months perspective. This is indicated by several important factors.
The need for comprehensive information on the economic situation is important for economic policy during the full-scale Russian invasion of Ukraine, which led to the seizure of Ukrainian territories, terror against civilians, and destruction of industrial facilities and infrastructure in Ukraine.
Ukraine is now a battlefield between good and evil. The new over the old. But everything will be fine. The Ukrainian people and our army can work miracles. In the meantime, the world cannot stay silent. A new day is coming. Let us stand together when it comes.
In the morning, we all heard explosions. Russians fired rockets at suburban areas of Kyiv several Russian helicopters were shot down, dropping something on some factories in Kyiv. The airports are fired at. It’s still hard to believe.
A simplified tax system is one of the essential tools for supporting small and micro businesses and self-employment in Ukraine. Entrepreneurs who are using a simplified system pay a fixed amount of tax or a fixed percentage of income.
Ukraine has been going through ambitious structural reforms aimed to strengthen its democratic institutions and human rights protection, impose rule of law, and develop modern market-oriented economy. Customs reform is among key reforms in Ukrainian policy agenda in 2019.
In 2015, the USAID Leadership in Economic Governance (LEV) Program conducted a large-scale survey of small and medium enterprises (Annual Business Climate Assessment in Ukraine). One of the features of this survey is that entrepreneurs themselves identify obstacles to doing business and reforms they expect from the state.
Ukraine is now in a completely new environment – military operations in the east and military invasion and aggression of the Russian Federation have left a significant mark on the processes taking place in the country, including the reform of the business environment.