Ukraine needs $30 billion in annual investments and the government has identified five priorities for a rapid recovery.

Flag of Ukraine against the building of the Cabinet of Ministers of Ukraine

Ukraine needs $10-30 billion in annual investments for the next 10 years, says Prime Minister Denys Shmyhal said. “Our budget deficit is around 20% of GDP. It is important that support is predictable and stable,” he said. At the same time, the Ukrainian government continues to take measures to increase budget revenues. “Last year, GDP recovered by 5.3%. In the first four months of this year, growth was 4.4%. There is an increase in exports and investments,” Shmyhal noted. He stressed that one of the priorities should be the transfer of frozen Russian sovereign assets for the stability and recovery of Ukraine. Furthermore, for a rapid economic recovery in war conditions, it is crucial that Ukraine establishes a systematic long-term financial support plan until 2027. Shmyhal noted that the five priorities for a rapid recovery are: housing reconstruction, humanitarian mine clearance, restoration of critical infrastructure, the economy and the energy sector.