During the URC2025 conference in Rome, US Treasury Secretary Scott Bessent emphasized the strategic importance of the Ukraine Recovery Investment Fund for the country’s future economic development. He noted that the scale of reconstruction needs exceeds the capabilities of diplomatic partners, and attracting private capital is critically necessary to support public investments and ensure sustainable economic growth in Ukraine.
This is reported by Business • Media
Engaging International Financial Institutions
Bessent expressed hope that multilateral development banks and other international financial organizations (IFOs) would participate in co-investing in the fund. This would allow for the mobilization of American resources, expertise, and management standards to create a favorable investment environment in Ukraine.
“Ukraine’s reconstruction needs are immense, and diplomatic partners cannot meet them alone. Therefore, he stated that private capital is essential to complement public investments and stimulate long-term economic growth.”
US Forms International Financial Coalition
The US initiative goes beyond creating its own investment mechanism for Ukraine. The American administration is actively promoting the Recovery Investment Fund as a key element of the international financial system for the country’s recovery. This approach aims to build a strong coalition around the fund, transforming it into a central instrument of international support for the Ukrainian economy and its reconstruction.