OREANDA-NEWS. January 24, 2013. The creating of the State Development Bank will make a real strong modernization of production capacity of the country. The First vice Prime Minister of Ukraine Serhiy Arbuzov said this during discussion the State program on enhancing economic development for 2013-2014, which was held under the chairmanship of the Prime Minister of Ukraine Mykola Azarov.

"As part of the program, we have identified the priorities of the state policy in the coming years. These are increasing economic competitiveness, improving the investment climate, supporting domestic producers, development of high-tech promising sectors - especially aviation, shipbuilding, development of space industry and engineering. Important role in accelerating economic growth must also occupy: structural reforms in the strategic state sectors - energy sector, housing and utilities, transportation infrastructure", Serhiy Arbuzov said.

However, he added that the main objective of creating a developed system of state support for exports should become a powerful international cooperation and the development of export potential. It includes financial support to exporters in promoting domestic goods, protecting domestic producers from unfair competition.

According to First vice Prime Minister, the implementation of these measures within the program will be provided through direct funding of programs budgeted in 2015, or by raising funds under state guarantees or redistribution used inefficiently.