Friday, October 28, 2011

Tyhypko: We should remove barriers to economic development

Reducing the number of bureaucratic approvals, permits and licenses for business, the state will provide a significant influx of investment and revenue, said Deputy Prime Minister Sergei Tigipko, the press service official. He was commenting on the government's decision to approve a series of bills aimed at deregulating the economic sphere. Proposed, in particular, to abolish the requirement for the minimum statutory fund, to introduce a single document in support of the state registration of legal entities, simplify legal liquidation. Also, the government finalized the bill on the abolition of paper extracts from the register to obtain permits and licenses, preparing a resolution on expanding the network of licensing centers. "The adoption of new laws make life easier for entrepreneurs - said Sergei Tigipko. - But you will need more drastic action. It is one only the introduction of a European system of technical regulation would increase GDP growth in Ukraine for at least 2%, while budget revenues - 5 - 10 billion USD a year. It would have dealt a powerful blow to corruption. "

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