Ukrainian delegation took part in the approval of the draft OECD economic survey for Ukraine

The Ukrainian delegation headed by Deputy Minister of Economy Andrii Teliupa took part in a meeting of the OECD Economic and Development Review Committee to discuss the draft OECD Economic Survey: Ukraine 2025. The document contains an analysis of the economic challenges faced by Ukraine in 2022-2025, assesses the progress of reforms and offers recommendations for further economic development in the short and medium term.

The delegation, which included representatives of the National Bank of Ukraine, the Ministry of Finance and other government institutions, presented their comments and suggestions to the draft report, which was an important step in the process of its preparation.

The meeting was attended by representatives of 38 OECD member countries, who shared their assessments and suggestions. Poland and New Zealand played an important role in analysing the Ukrainian economy and formulating recommendations, providing comments and recommendations to the report. The key issues discussed included:

• maintaining macroeconomic stability and fiscal sustainability;
• attracting investment and developing exports;
• reforms in the corporate governance of state-owned enterprises;
• digitalisation of the economy and simplification of the regulatory environment;
• labour market adaptation and the return of Ukrainians from abroad.

“Cooperation with the OECD is an important step for Ukraine on its way to integration into the global economy. We highly appreciate the recommendations of the OECD experts and OECD member countries, as they contribute to the development of effective economic policy and attract international investment. Ukraine is ready to work on their implementation,” said Andrii Teliupa, Head of the Ukrainian delegation, Deputy Minister of Economy.

During the meeting, OECD member countries also shared their best practices on specific issues of economic policy implementation in various areas, which is a valuable experience for Ukraine.

The meeting of the OECD Committee was an important stage in the approval of the draft report. The meeting resulted in recommendations on Ukraine’s economic and financial policies. They will form the basis for developing a strategy for economic development in the short and medium term.

The next step will be to finalise the text, which will be submitted to the Ukrainian side for consideration in the near future. Work is currently underway to clarify and agree on key recommendations to ensure that they meet the current challenges of Ukraine’s economy.

Ukraine has the status of a potential OECD member and is systematically implementing the reforms necessary for further integration. In 2023, an OECD office was opened in Ukraine, which was an important step towards deepening cooperation.