Net capital outflow in Ukraine in 2020 amounted to almost $900 million.
International investors' confidence in Ukraine is falling due to selective pressure on business in 2020 amounted to almost $900 million. It's been like that for two years now. It gets worse. The Ukrainian government had to use foreign exchange reserves to stabilize the Ukrainian currency,” writes Forbes magazine.
At the same time, it is reported that foreign investors are not considering Ukraine for investment.
In this, according to journalists, the “non-constructive policy of the authorities towards business” is to blame.
Thus, both small businesses and large Ukrainian and foreign investors have already come under pressure (such as the medical company Synevo, the international steel giant ArcelorMittal and the largest Ukrainian steel company Metinvest).
Disappointment is also compounded by the fact that the tax increase does not apply to everyone.