On March 31, Ukraine finally passed a new law to open up the land market. The new law put an end to the moratorium on the sale of the land and established new regulations for the land market. With Ukraine currently facing a looming economic crisis and severe budget cuts, the decision is vital for economic growth: land becomes real capital that owners can sell, use as a pledge to take loans from banks, etc. Lawmakers disputed specific conditions and rules in regards to how the land market should be launched.
OP-ED
Bohdan Ben: No more moratorium on land sales
A farmer plows a field on April 17, 2018, in Kyiv Oblast.
