Average annual growth of software industry is 40%, head of state agency on science and innovations Volodymyr Seminozhenko told a briefing in the Cabinet of Ministers, ForUm correspondent reports.

The official informed that starting from 2012 the government would carry out the policy on realization of the biggest innovation projects. In particular, according to him, the government has adopted a program on using software in governmental bodies for 2012-2015 years. "The total budget of the program is 41 million 843 thousand hryvnias. The expected economic effect is reduction by 80% of state expenses for software," Seminozhenko said.

In addition, the official informed that the government had submitted to the parliament the draft bills on "Economic experiment on development of software industry in Ukraine" and "Amendments to the Tax Code in connection with the economic experiment on development of software industry in Ukraine."

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