Land reform on agenda

UKRAINE - In Brief 10 Mar 2017 by Dmytro Boyarchuk
The IMF Executive Board scheduled the third review for Ukraine for March 20th. No one expects surprises. A $1 billion loan is down the road. Now it’s a big question what should be done for next wire. In my opinion, the land market will be the main issue for fifth review. We see the ice was finally broken on this issue. In particular, on March 7th both Prime-minister Volodymyr Groysman and Finance Minister Oleksandr Danylyuk claimed in public that the new IMF Memorandum demands launch of land circulation in Ukraine. Previously, on Feb. 6th Finance Minister Oleksandr Danylyuk reported that law on agri-land circulation will be submitted to the parliament by the end of May (it was agreed with the Fund). Experts report that the Ministry of Agricultural Policy is working with a draft law, and the bill is expected in a month. It’s for the first time that land reform is among the priorities of top officials. Usually, politicians tried to stay aside from this very sensitive issue. We still have a lot of public fears around the potential land market but over the last year the level of discussion substantially improved, and civil society shows strong support for land reform. Growing internal demand on this reform coupled with the IMF requirements give good chances for the land market to be started already in 2017. Still a lot should be done. Firstly, we should see the concept of land market. As usual, such documents might be of poor quality or simply distorted with lobbyists’ proposals. In this case, civil society intervention will be required. Secondly, for the moment we do not observe enough votes at the parliament for land reform. Many MPs simply believe Ukrainians do not supp...

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