OREANDA-NEWS. April 04, 2011. The Prime Minister Ukraine Mykola Azarov urged foreign investors to work together for the progress of Ukraine. The Head of Government announced this at the 7 th annual investment conference.

"I see a good prospect, so invite your community to work with us on the development of Ukraine, Ukraine's progress - this will be our common progress" - Mykola Azarov said.

Meanwhile the Prime Minister stressed on the creation by the Government of favourable conditions for doing business in Ukraine.

Mykola Azarov noted that the Government has adopted a liberal Tax code and release companies that will modernize industry, introduce energy saving technologies, create new jobs from the tax. "Tell me where else in Europe are those benefits?", - Mykola Azarov appealed to investors and added - "Nowhere. And we went for it deliberately".

The Prime Minister recalled the difficult task of the Government: this year to reach the automatic reimbursement of value added tax in this year. "We have developed a number of criteria under which any company can claim the automatic refund if it does, but by the end of the year all companies will operate in this mode", - Mykola Azarov said, noting that one of the criteria is the growth of payroll. "We would like all companies refused to pay wages in envelopes and passed on legal payment of wages, - the head of the Government said.

At the same time Mykola Azarov stressed that the government decides to another difficult task associated with the payment of huge state debt, created by predecessors, which is an obstacle in solving many social and infrastructure problems. According to him, this year have to pay the greatest amount of debt - 89 billion UAH, next year - 40 billion UAH less. "And the Government's task - to reduce the debt burden to a minimum", - the Prime Minister noted.

Meanwhile Mykola Azarov told about positive results of the Government. In particular, revenue growth of the Pension Fund at three billion UAH and growth of budget revenues at 17 billion compared with last year. It is also more than 4% GDP growth in last year. This year According to Prime Minister, the Government expects GDP growth of 5% by mid 2012 - is planning to reach pre-crisis level.

In addition, as noted Mykola Azarov, this year the Government is implementing comprehensive investment program. "Over thousands of companies together with the Government have developed investment plans and we are most willing to assist these companies" - The Prime Minister said.