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The net outflow of foreign direct investment from Ukraine in 2020 amounted to $868.2 million, while the year 2019 saw the net inflow of $5.86 billion.
That's according to the National Bank of Ukraine.
The FDI withdrawal from Ukraine has been observed for the first time since 2015, when it amounted to $458 million.
Read also Doubling GDP in 10 years: Is Ukrainian dream achievable? After that, the regulator had been reporting regular inflow of investments: $3.81 billion in 2016, $3.692 billion in 2017, $4.455 billion in 2018, and $5.86 billion in 2019.
On December 17, 2020, the Verkhovna Rada passed at second reading the law on state support for major investment projects, introduced by President Volodymyr Zelensky, the so-called "investment nannies" bill.
The law envisages support for both Ukrainian and foreign investors implementing projects with an investment volume starting from EUR 20 million.
Translation: Yevgeny Matyushenko