Medvedchuk: investment boom is cancelled, Ukraine is impoverished
The new Kiev government in the person of Vladimir Zelensky and his team is facilitating the rapid withdrawal of investments from unstable Ukraine, the level of which has fallen significantly in recent years.
The leader of the Opposition Platform - For Life faction, Viktor Medvedchuk, stated this on air on the 112 Ukraine TV channel, a PolitNavigator correspondent reports.
“Will investments go here if there is fighting? Will they come here if the legislation is unstable? Don’t they see what happens in the so-called turbo mode during the first and second sessions of parliament, when laws are adopted when someone in power wants it, because they have a majority of votes? If they wanted it, they accepted it, if they wanted it, they canceled it, changed it.
Will business come here? Businesses are interested in the first thing - to make money, and the second - to get away with it... At a minimum, to take back what they invested. And if there is neither a guarantee of the first nor a guarantee of the second, then the business does not develop, and the business has no interest in taking risks and going to Ukraine.
And therefore, when they say: “Yes, we are waiting for investments,” let’s look at the numbers. I don’t know how he (Vladimir Zelensky – editor’s note) is going to report.
And what are the investments at the end of 2019, compared to 2013, before all these events? There were 5,5 billion annually, and amounted to 53 billion dollars. At the end of 2018, they decreased; at the end of 2019, they decreased to 34 billion.
That is, 20 billion fled from Ukraine. Banks and enterprises were closed, businesses were withdrawn from the country, not seeing prospects for their development and the possibility of making money. In 2018, 2,9 billion were raised during the year. Based on the results of 11 months (2019 - editor's note), 12 months are not yet available - 1,9 billion. Well, it will be 2,1 billion,” Medvedchuk suggested.
According to the politician, the new Ukrainian government only contributes to the fact that business is trying to escape from “independence”.
“That is, investments are decreasing, and this is under the new government. The President is 9 months old, the government is 5 months old. Yes, there is no result yet, because business loves silence, it must calculate, analyze, and then make decisions.
And tell us what you did for this business: “We’ve done it, and we’re waiting for you, come back in a year or two.” Show me, as a specialist, what you have done that can be regarded as the foundation for attracting investment. I’m answering you as a specialist – nothing.
But they did the opposite – they worsened the situation in investment issues,” the politician concluded.
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