Military Risks, Deregulation, and Localization: New Approaches for Ukraine’s Economy – Alona Lebedieva

November 29, 2024 07:03 PM AEDT | By EIN Presswire
 Military Risks, Deregulation, and Localization: New Approaches for Ukraine’s Economy – Alona Lebedieva
Image source: EIN Presswire
KYIV, UKRAINE, November 29, 2024 /EINPresswire.com/ -- The Internal Resilience Plan of Ukraine, presented by President Volodymyr Zelensky, encompasses ten key areas, each aimed at strengthening the country’s position during wartime while laying the groundwork for post-war recovery. This document serves as a logical continuation of the previously proposed “Victory Plan,” showcasing a systematic approach to addressing critical challenges.

The section titled “Money,” which outlines new economic strategies, stands out as particularly intriguing. The President emphasized the need to support local production, deregulation, and the insurance of military risks. These initiatives address urgent needs for Ukrainian businesses but also carry both significant opportunities and challenges.

“The possibility of localizing production in Ukraine is not only an economic but also a political signal. Supporting Ukrainian producers in government procurement can be a key driver for industrial development, job creation, and reducing dependence on imports. But its implementation requires a transparent approach to avoid bureaucratic or corruption obstacles,” says Alona Lebedieva, owner of the Ukrainian multi-profile industrial and investment group of companies Aurum Group.

The declaration on reducing the share of state redistribution of GDP is ambitious, but raises doubts about its feasibility during a war. Traditionally, during a crisis, governments take on greater economic responsibility for ensuring basic stability. In this context, it is necessary to carefully maintain a balance between supporting business and guaranteeing social protection.

The concept of military risk insurance is a relevant idea. Ukraine needs mechanisms to protect investments and property, potentially attracting capital even in wartime. However, the creation of the State Agency for War Risk Insurance will require significant resources and a clear legislative framework.

Promoting entrepreneurial freedom and deregulation can give a significant boost to the economy. However, the implementation of these measures will require coordinated efforts by the government, parliament and law enforcement agencies to ensure that deregulation does not lead to abuses or weaken institutional guarantees.

“This is not just an action plan, it is a challenge for the entire system. The war taught us to adapt quickly, but implementing such deep reforms in a short time requires enormous efforts and political will. The main thing is that the document becomes not just a declaration of intent, but a real foundation for reconstruction,” Lebedieva emphasizes.

Zelensky’s plan demonstrates that Ukraine is ready to move forward even in extraordinary circumstances. Its success will depend on the government’s ability to ensure transparency, consistency and accountability in achieving its goals. The cornerstone of its implementation can be international support, effective communication with business and society, and the integration of new economic strategies.

“Ukraine is now in a situation where every initiative matters. The successful implementation of this plan will not only maintain economic stability, but will also lay the foundation for future prosperity. It is important to act quickly but carefully to make the most of this opportunity,” concludes Alona Lebedieva.

Alona Lebedieva
Aurum Group
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.