President Volodymyr Zelenskyy of Ukraine has signed a decree to implement a moratorium on business inspections by regulatory bodies, including law enforcement, customs, and tax authorities, as decided by the National Security and Defense Council (NSDC). This decision is intended to reduce the administrative burden on businesses and to stimulate economic activity during the ongoing conflict with Russia.
The NSDC, which is responsible for coordinating national security and defense efforts, has determined that the moratorium will help businesses focus on essential operations rather than compliance with government inspections. The decree will take effect immediately, providing companies with a temporary reprieve from regulatory checks.
Industry representatives have welcomed the decision, noting that it will allow businesses to allocate resources more efficiently and respond to market demands without the added stress of frequent inspections. However, some officials have raised concerns about potential risks to regulatory oversight and public safety, though these have not been addressed by the current decree.
With the war in Ukraine ongoing, the government is increasingly looking for ways to support the economy and maintain public confidence. This moratorium is part of a broader strategy to ensure continued economic stability and resilience in the face of external pressures.