Ukrainian IT rides global wave, needs better dialogue with government

Ukraine’s new parliament and Cabinet of Ministers have a record number of people who previously worked in the information technology industry.

One of the key tasks for these people is to increase the already rapid pace of local IT development. The industry’s revenues increase by 30% every year and could reach $5.4 billion by the end of 2019.

“We hope to double this number in the next five years,” Oleksandr Bornyakov, deputy minister of digital transformation, says.

But expectations from the tech community — which accounts for 5% of Ukraine’s gross domestic product — also seem to be high. Tech specialists expect the government to help with funding, implement fair taxation, develop technology education and improve laws affecting their sector.

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Topics: Analysis & opinion, IT services, Policy making
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