Economical annual preview Ukraine 2017: Tomas Fiala

Economical annual preview Ukraine 2017: Tomas Fiala

27.01.2017 News

Inflation in Ukraine in 2017 has an upward trend. Experts predict the order of 8%. With regard to the dollar – the assumption is not very comforting. All these things and more were discussed at the general meeting of the EBA Ukraine’s Business Climate-Global Outlook, which took place on January 26, 2017.

In 2017 on the world market the dollar starts to strengthen its position. But it is badly reflected on hryvnia rate, which, of course, will begin to fall again “- said in an exclusive commentary for LDaily Tomas Fiala, CEO of Dragon Capital company.

According to him, in 2017 the average annual hryvnia exchange rate will amount to 27,5-28,5 UAH / USD, and the National Bank, in turn, will not allow the national currency to rise above the level of 27. Thus, the NBU will keep the current account deficit within 3% GDP.

Tomas Fiala also predicted the flow of foreign investment in Ukraine in the amount of $ 1,5 billion.

Although, it is possible to attract even more. To do this, the state should start the land market, and to legalize its sale. This will allow to enter the country another $ 2-3 billion of investment, which, in turn, will help to strengthen the hryvnia currency market “- said the general director of Dragon Capital.

As previously reported LDaily, a part of representatives of the legal community has the same opinion: Ukraine now is one of the most interesting places in the world.

He also denied the majority opinion that the sale of land in Ukraine will lead to its active withdrawal from the country . As an example, Tomas Fiala cited the situation in EU countries, whose governments, thus, support the development of agricultural industry.

European Business Association is an organization that brings together business leaders of Ukraine. Its main goal is to offer  an opportunity for top managers to make the investment climate in Ukraine more attractive  with common efforts.

Also read: Results of 2016: Annual Business Achivements

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