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World Bank: Land reform will help Ukraine earn $1.5-bln/year more
Journal Staff Report

KYIV, May 17 - The land reform will have a comprehensive impact on the Ukrainian economy and will bring tangible economic growth of up to $1.5 billion annually, World Bank Director for Ukraine, Belarus and Moldova Satu Kahkonen said.

During the presentation of a new five-year technical assistance program of the World Bank and the EU regarding support for transparent land management in Ukraine in Kyiv on Wednesday, May 16, she said that if the moratorium is canceled, there will be a tangible growth of the Ukrainian economy - $0.7-1.5 billion annually, which is equivalent to annual additional GDP growth of 0.6-1.6%.




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