The IT industry of Ukraine continues to provide a stable inflow of foreign exchange earnings (despite the persistence of the controversial policy of the National Bank with multiple rates and numerous restrictions on the foreign exchange market). For 8 months of this year, IT exports grew by 16% compared to the same period in 2021, and the share of IT in total exports of services in August reached 48%, OpenDataBot reports, citing data from the National Bank.
In general, the export of services for 8 months of this year decreased by 6% compared to the corresponding period last year – from 11.4 billion to 10.7 billion. At the same time, the export of goods over the same period decreased by 31% – from 38 .6 billion to 26.6 billion. Basically, the reduction was due to a more than halving of metal exports.
IT is so far the only industry that has continued to grow steadily since the start of 2022. This is certainly a positive trend and the big plus is that this growth trend remains unchanged.
The Ukrainian government, for obvious reasons, makes a huge bet on IT in the strategy of economic renewal for the development of the country. One of the main goals is to increase the share of IT in the country’s GDP from the current 4% to 10% by 2024. A significant role in achieving this goal is assigned to Diya.City and various government initiatives, in particular, the Start in IT program. 
“Start in IT” is a state IT training program with scholarships up to UAH 30,000. In total, UAH 1.8 billion will be allocated to teach IT specialties to 60,000 Ukrainians. . Just yesterday, the Rada adopted in the second reading and in general draft law No. 5270 on e-residency – from 2023 in Ukraine, foreigners will be able to register as FOP of the 3rd group in “Dії”, receive e-resident status and remotely conduct business in the country, including including providing IT services.
From 2023, e-residents will appear in Ukraine – foreigners will be able to register as sole proprietors of the 3rd group and conduct business in the country remotely
