Ukraine's recovery plan calls for $750 billion in investment over 10 years

4 July, 09:35 PM
President Volodymyr Zelenskyн speaks at a conference in Lugano (Photo:Ursula von der Leyen via Twitter)

President Volodymyr Zelenskyн speaks at a conference in Lugano (Photo:Ursula von der Leyen via Twitter)

EU integration and private sector economy are the pillars of Ukraine’s recovery plan, President Volodymyr Zelesnkyy presented at the Ukraine Recovery Conference in Lugano, Switzerland, on July 4.

The 10-year plan aims to establish conditions for the rapid and sustained post-war economic recovery of Ukraine. To that end, it calls for the following investment breakdown across various National Programs:

  • Investment climate reform (revamping anti-corruption agencies and the final privatization push): $0.1 billion;
  • E-governance: $0.1 billion;
  • National security and defense: $50 billion;
  • EU integration: $1 billion;
  • Environmental recovery: $20 billion;
  • Energy independence and green economy transition: $130 billion;
  • Business environment streamlining: $5 billion;
  • Competitive access to capital markets: $75 billion;
  • Macro financial stability fund: $60-80 billion;
  • High added value sector economic development: $50 billion;
  • Logistical infrastructure investment: $120-160 billion;
  • Rebuilding housing and regional infrastructure: $150-250 billion;
  • Social infrastructure investment: $35 billion;
  • Education: $5 billion;
  • Healthcare: $5 billion;
  • Culture and sports: $20 billion;
  • Social security safety net: $7 billion.

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The proposal outlines over 850 individual projects, all based on five pillars: urgent start and gradual development, expanding equitable welfare growth, EU integration, bouncing back to and beyond pre-war development levels, and encouraging private investment.

Ukrainian Prime Minister Denys Shmyhal earlier said that seized Russian assets in the West would be a major source of funding for the recovery plan.

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