Ukraine PM says land market could open up in October 2020

Ukraine PM says land market could open up in October 2020
Image Credit: Facebook/Oleksiy Honcharuk
  • Country:
  • Ukraine

Ukraine's land market could open up in October 2020 after parliament lifts a ban on selling land, Prime Minister Oleksiy Honcharuk said on Thursday. His government also hopes that the central bank will continue cutting interest rates to make it easier for Ukrainians to buy land.

"The current model assumes that the land market will be open in October next year," Honcharuk said. Speaking at the same meeting with agriculture businesses, President Volodymyr Zelenskiy said only Ukrainians and Ukrainian companies, not foreign buyers, would be able to buy land.

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