Prime Minister Yulia Svyrydenko outlined the main strategies that will contribute to the recovery and development of Ukraine’s economy after the end of the full-scale war. She emphasized that the government is working on several promising directions that will help ensure the economy’s replenishment and create conditions for its long-term growth.
This is reported by Business • Media
Ukraine as a Reliable Business Partner and Compensation from Russia
One of the government’s main directions is to strengthen Ukraine’s position as a business partner on the international stage. In particular, this year the American-Ukrainian Reconstruction Investment Fund was launched, which demonstrates the trust of foreign investors and the readiness to implement joint business projects. Additionally, Ukraine insists on collecting compensation from the Russian Federation for the crimes committed by using the mechanism of frozen assets.
A decision from the European Union regarding the provision of reparations credit to Ukraine secured by frozen Russian assets is expected. However, at this time, these funds are planned to be primarily directed towards financing Ukraine during the war, rather than for post-war recovery.
Development of the Digital Economy and Creation of a Web3 Hub
Another important step, according to Svyrydenko, is supporting the establishment of the largest Web3 hub in Europe in Ukraine. She noted that Ukraine already has successful experience in building a modern digital economy thanks to the “Diia.City” platform.
“We are working on several promising tracks that will help replenish the economy and give it the opportunity to recover from the consequences of the war and further significant development,” said Prime Minister Yulia Svyrydenko.
The Prime Minister emphasized that the next stage will be the formation of a full-fledged Web3 ecosystem that will unite blockchain technologies, digital assets, and smart contracts into a progressive economic model. According to her, businesses have already expressed their readiness to invest in the creation of the largest Web3 hub in Europe, and the government fully supports this initiative.