The European Commission, along with the International Finance Corporation (IFC), has signed an agreement to provide Ukraine with guarantees amounting to €100 million to stimulate investment in recovery and development projects. According to the Ministry of Community Development, this agreement demonstrates trust from international partners and confirms that even in wartime, Ukraine remains attractive to investors, and its economy is open and modern.
This is reported by Business • Media
This agreement is a clear signal from the EC and IFC that investment in Ukraine is possible even during wartime, and the Ukrainian economy remains reliable, modern, and open to the world.
Better Futures Program: New Opportunities for Business
This initiative is being implemented under the Better Futures – Resilience, Reconstruction and Regeneration of Ukraine (RE-Ukraine) program, which was launched by the European Commission as part of the global strategy Global Gateway. A distinctive feature of this program is the High Impact Equity Programme component, which involves direct investments by the IFC in the equity capital of Ukrainian companies. This differs from previous approaches that primarily focused on lending rather than direct capital investments.
Changes in the Banking Sector to Support Reconstruction
At the same time, the National Bank of Ukraine is implementing new rules for the formation of mandatory reserves for banks. This decision will facilitate the attraction of long-term financial resources that will be directed towards financing the country’s reconstruction projects. These changes also aim to enhance the effectiveness of monetary policy in wartime, ensuring stability and supporting economic growth.