Ukraine needs up to $30B in annual investment, and the government has identified five priorities for rapid recovery.

Ukraine needs from $10 to $30B in annual investments for the next 10 years, Prime Minister Denys Shmyhal said.

“Our budget deficit is about 20% of GDP. It is important that the support is predictable and stable,” he said.

At the same time, the government of Ukraine continues to take measures to increase its budget revenues.

“Last year, GDP recovered by 5.3%. In the first four months of this year, the growth was 4.4%. There is an increase in exports and investments,” noted Shmyhal.

He emphasized that one of the priorities should be the transfer of frozen Russian sovereign assets for Ukraine’s stability and recovery. Also, for rapid economic recovery in wartime conditions, it is crucial for Ukraine to establish a long-term systematic financial support plan through 2027.

Shmyhal noted that the five priorities of rapid recovery are: housing reconstruction, humanitarian demining, critical infrastructure restoration, the economy, and the energy sector.