Ukraine’s funding needs for postwar recovery and growth – Government estimates
Photo: Yulia Svyrydenko (facebook.com/KabminUA)
Ukraine’s financial needs for recovery and economic development over the next decade are estimated at around $800 billion, Prime Minister Yulia Svyrydenko said while opening the economic segment of talks with European partners in Kyiv.
According to her, over the past few weeks, the Ukrainian team has been actively discussing next steps with the United States amid a wartime economy and the transition to long-term prosperity and security.
She said that extensive, systematic work had been carried out within the donor coordination platform, with many institutions, including the World Bank, involved in assessing reconstruction and recovery needs. Prime Minister added that key institutions had already taken part and confirmed the robustness of this approach, including the World Bank, BlackRock, and the US Treasury.
As a result of this cooperation, a framework for Ukraine’s long-term prosperity has been developed, clearly outlining needs, prerequisites, mechanisms, and investment priorities for the next ten years.
Yulia Svyrydenko noted that, from today’s perspective, Ukraine’s financial needs are enormous, totaling $800 billion and covering macrofinancial stability, compensation for losses, reconstruction and recovery, as well as financing for economic growth, while excluding defense spending.
The prime minister stressed that effective security guarantees could reduce financial needs over time, as security is a fundamental prerequisite for economic recovery. She also emphasized that macrofinancial stability is a key condition for attracting investment and improving Ukraine’s investment appeal.
Ukraine’s recovery
On December 10, President Volodymyr Zelenskyy said that Ukraine and the US had held their first talks on the country’s postwar recovery and had begun preparing a relevant document.
According to him, the meeting was attended, among others, by BlackRock CEO Larry Fink. The sides discussed key areas of reconstruction and possible mechanisms for their implementation. Later, Svyrydenko confirmed that work on an economic plan with the US is ongoing, with the involvement of one of the world’s largest investment companies, BlackRock.
Zelenskyy also said that during talks with US President Donald Trump, particular attention was paid to Ukraine’s economic recovery and job creation.
According to him, the recovery plan covers the entire country and envisages the preparation of several strategic documents combined into the so-called Prosperity Package — a package for Ukraine’s economic recovery.
