Each additional billion dollars of foreign investments is an additional 1% to Ukraine’s GDP growth, Yulia Kovaliv, Head of the Office of the National Investment Council, stated during the forum on foreign direct investments.
“When we look at the biggest taxpayers, most of them, apart from state-owned companies, are large international companies,” Kovaliv said.
She explained that a large part of tax payments fell on large international companies, as they paid official salary and strictly observed the Ukrainian legislation, first of all because these companies had a completely different culture of doing business.
“Each additional billion dollars of foreign investments is an additional 1% to GDP growth,” Kovaliv said. (Ukrinform/Business World Magazine)
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