The Government of Ukraine, together with international partners, is developing a 15-year economic development strategy for the country based on World Bank analysis, the start of this work was announced on Facebook by Prime Minister of Ukraine Yulia Svyrydenko, among the expected outcomes — the return of about 3.1 million citizens.
As noted, the document is being built according to the approaches and rules of the European Union to create a competitive, investment-attractive economy with resilient institutions and a focus on private sector development. The head of government informed about the initiative in her post, the details of which are available via the link.
“We have an ambitious yet achievable goal — to raise average GDP growth rates to 6% per year, labor productivity from the current 1.3% to 5%, and the share of investments in GDP — from the pre-war 16% to 24–30% annually,” said Prime Minister of Ukraine Yulia Svyrydenko.
The government presentation indicates that within the implementation of the strategy the return of about 3.1 million Ukrainians is expected, which should strengthen the domestic labor market and consumer demand.
Among the identified development priorities are defense technologies, energy, the agricultural sector, transport, engineering, IT, and the extraction and processing of critical minerals.
The Cabinet of Ministers emphasizes that the future economic model will rely on private initiative, active investment attraction, strengthening institutions, harmonizing rules with EU standards, and preserving economic freedom.
Earlier we wrote:
- When the youth left: employers remembered Ukrainians 50+
- 5.6 million Ukrainians are abroad, less than half want to return
- Ukraine is seizing the global drone market: a new breakthrough in exports!
- The head of government is being changed during the war: Svyrydenko proposes military liberalism
- “It’s not a catastrophe, but…” – the government admitted that 70% of refugees will not return to Ukraine
