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Land market reform will add 0.83 percentage points to Ukraine’s GDP in 2021
Journal Staff Report

KYIV, Dec 4 – Opening the land market will bring Ukraine an extra 0.83% of GDP, or UAH 30 billion, in 2021, Ukraine's Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov has said.

"The normal functioning of the land market over the first three months of next year will bring about UAH 9 billion extra for GDP, according to our calculations, which is about 0.23% of corresponding growth, and in 2021 this growth is expected at the level of an extra UAH 30 billion, plus 0.83% in GDP growth," Mylovanov said during hearings in parliament on land reform on Wednesday.




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