The Ukraine Ministry of Economy believes that for Ukrainian Economy to enjoy a large increase, Ukraine needs to maintain capital investments at 35% of GDP for at least five years consecutively, said Minister of Economy Yuliya Svyridenko. She added that in terms of money, Ukraine requires approximately $70 to $80B every year. The ministry offers two solutions to achieve this goal: increasing lending by Ukrainian banks based on state guarantees and state guarantees from the G7 countries and the EU for investment in Ukraine. The goal is state guarantees in the amount of 0.2% of the GDP of each G7 country and the EU for five years, which is approximately $100B annually. According to Svyridenko, this is the main idea of the economic portion of the Marshall Plan for Ukraine.
Ukraine needs to maintain capital investment at 35% of GDP for at least five years.
Ukraine needs to maintain capital investment at 35% of GDP for at least five years.