Government presented its proposals regarding the Economy of the Future—a long-term strategy for Ukraine’s economic development

A meeting of the International Business Advisory Council was held under the chairmanship of Ukrainian President Volodymyr Zelenskyy, during which Ukrainian Prime Minister Yulia Svyrydenko presented the Government’s draft of the Economy of the Future—a long-term economic development strategy for Ukraine.

The Economy of the Future strategy draft was developed by the Government with analytical support from the World Bank. The document integrates existing strategies, development programs, and international commitments into a single, comprehensive strategic framework for the country’s economic transformation.

“Ukraine cannot wait for the war to end and must lay the foundation for future economic growth today. At the heart of the Economy of the Future is an approach in which private initiative, entrepreneurship, and investment are the key drivers of development. The state’s objective is to create conditions under which businesses invest, grow, and shape the country’s new economy. At the same time, the Economy of the Future is intended to serve as a common framework for shaping a long-term vision for Ukraine’s development with the participation of the state, business, and international partners,” noted Oleksii Sobolev, Minister of Economy, Environment, and Agriculture of Ukraine.

The goal of the Economy of the Future is to create conditions for attracting investment, accelerating economic growth, and bringing Ukraine’s income levels closer to those of Central and Eastern European countries.

The draft strategy’s key objectives include ensuring an average annual GDP growth rate of approximately 6%, increasing economic productivity from the current 1.3% to 5%, increasing the share of investment in GDP from the pre-war level of 16% to 24–30%, and creating conditions for the return of at least 3.1 million Ukrainians who were forced to leave the country due to the war.

The Economy of the Future envisions a pragmatic model of liberal economic development built on private initiative and investment attraction, while simultaneously deepening Ukraine’s economic integration into the European Union and preserving the maximum possible economic freedoms.

At the core of the strategy lies a new economic logic, where the key drivers of development are private investment, competition, productivity, and entrepreneurship. At the same time, the state’s role is to establish predictable rules, develop infrastructure, mitigate risks, and create conditions for business development.

The Economy of the Future is designed to establish a shared long-term vision for Ukraine’s development and to align the approaches of the state, business, international partners, and the expert community regarding key areas of economic transformation.

Defense technologies, energy, the agricultural sector, transportation, mechanical engineering, IT, and critical materials have been identified as priority areas for development.

The draft of the Economy of the Future has already been presented to international partners during the Spring Meetings in Washington and discussed in Brussels with representatives of Ukrainian businesses and think tanks. The meeting of the International Business Advisory Council marked the next stage in discussions on the strategic framework with the international business community.

The next step is to refine the draft strategy at the regional level and continue a broad dialogue with the business community, experts, and international partners.

In addition, the Government, together with representatives of Ukrainian business, is currently selecting and developing flagship investment projects, the implementation of which will directly contribute to achieving the goals of the Economy of the Future. A list of such projects will be presented during the Ukraine Recovery Conference (URC 2026) in Gdańsk.