The return of refugees and investment should restore Ukraine’s economy in four years.

This opinion was expressed by Deputy Minister of Economy Oleksiy Sobolev. He added that the country’s economy shrank by 30% in the first year of the war, and Ukraine should exceed this figure in four years.

“We have two key prerequisites – security, joining NATO, and integration with the EU. In addition, the economy’s growth is directly related to the return of refugees to Ukraine – the more people that return, the higher the economic growth indicators will be,” he added.

The official noted that when these millions of people return to the country, it will provide a key stimulus for economic growth. There are now several million Ukrainians abroad; for many, victory in the war is the primary requirement in order to return home.

The deputy minister added that, in addition to internal efforts, Ukraine expects foreign institutional and private investments to enter the market and contribute to the economy’s growth.