EBRD, WB seek policy reforms to boost Ukraine agriculture

Both the World Bank and the European Bank for Reconstruction and Development urged the government of Ukraine to introduce new policies that would attract more investments in the country’s agricultural sector. “This country has huge potential. With the right policies levels of investment can be increased and output can be increased significantly as well. The EBRD is more than prepared to help support this investment,” EBRD Agribusiness Director Gilles Mettetal asserted. The World Bank made a similar commitment. “The public and private sectors need to work together to ensure the opportunities Ukraine has in agriculture are fully utilized. The World Bank is ready to assist the government in making the transition to a new, market-based policy framework and public investment program,” Paul Bermingham, World Bank Country Director for Belarus, Moldova and Ukraine, stated. (Press release: EBRD/World Bank urge policy steps to boost investments in Ukraine?s agriculture)

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