Sources of implementing Ukraine’s plan for economic prosperity will be worked out in the coming weeks during meetings in European capitals.
Prime Minister Yulia Sviridenko reported this on Telegram.
The head of government, together with Deputy Prime Minister for European and Euro-Atlantic integration Taras Kachka and Minister of Economy Oleksii Sobolev, took part in the economic block of consultations with national security advisers from 15 partner countries, the European Council, the European Commission, and NATO; Steven Vitkoff, the representative of the President of the United States, joined online.
Ukraine Prosperity Plan and Financing Sources
The Ukrainian officials, together with European and American partners, are developing the Ukraine Prosperity Plan, which they view as a joint program for Ukraine, the United States, the EU, and the G7 for post-war reconstruction and ten years of economic growth.
“According to our estimates, Ukraine’s needs in this area amount to 800 billion US dollars. We intend to attract these funds through public capital in the form of grants, loans, and private investments in infrastructure, energy, industry, and human capital development.”
– noted Sviridenko
The plan envisions a system of instruments for rebuilding, economic transformation, and modernization of the Ukrainian economy: guarantees, risk-sharing mechanisms, blended financing, investment platforms, and funds.
“With all partners we share a common vision that Ukraine’s accession to the EU is a cornerstone of the development of our economy. After all, the foundation of this work will be the reforms that Ukraine is implementing within EU integration. At the same time, economic prosperity is impossible without full and reliable security guarantees for Ukraine.”
– emphasized by the head of government
The parties agreed to continue cooperating and to work out in detail the sources of implementing the plan in the coming weeks during a series of meetings in European capitals.
According to Economy Minister Oleksii Sobolev, Ukraine plans to attract about 800 billion dollars for reconstruction over ten years, and the basis of success is security and EU integration.