The Cabinet of Ministers is developing the ‘Economy of the Future’: the aim is to boost GDP growth to 6% per year

Artur Romanchenko
Artur Romanchenko Journalist
The Cabinet of Ministers is developing the ‘Economy of the Future’: the aim is to boost GDP growth to 6% per year
The economy of the future
The Cabinet of Ministers of Ukraine is working with international partners to develop a ‘Future Economy’ strategy for Ukraine based on analytical data from the World Bank.

This was announced by Ukraine’s Prime Minister Yulia Svyrydenko.

According to her, the government has already presented its vision for implementing the strategy to members of the international advisory business council chaired by Volodymyr Zelenskyy.

The Cabinet of Ministers notes that the future development model should be based on the principles and rules of the European Union – a competitive economy, strong institutions, an attractive investment climate and active development of the private sector.

Key areas of the strategy include:

  • defence technologies;
  • energy;
  • the agricultural sector;
  • transport;
  • engineering;
  • IT;
  • critical minerals.

“We have an ambitious yet achievable goal – to increase average GDP growth to 6% per year, labour productivity from the current 1.3% to 5%, and the share of investment in GDP from the pre-war level of 16% to 24–30% annually,” said Yulia Svyrydenko.

The next step is for the government to move on to selecting flagship investment projects as part of the ‘Economy of the Future’ strategy.

As the Prime Minister reported, these projects are planned to be presented to international partners during URC2026 in Gdańsk.

As a reminder, the NBU previously presented its updated macroeconomic forecast for 2026–2027. Due to the difficult situation in the energy sector and events in the Middle East, the economy has slowed down and prices are rising faster. However, the regulator expects the situation to stabilise as early as 2027.

Follow us on Telegram

Share tittle
Economy
After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF
Economy

After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF

The Ukrainian government is considering replacing the current 5 per cent military levy with a special tax for post-war reconstruction. This option is included in the updated Memorandum of Cooperation between Ukraine and the International Monetary Fund.

22.07.2026
Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’
Economy

Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’

During a retrial, the Kharkiv District Administrative Court quashed a tax penalty of 4,038,423 hryvnias imposed on a business owner following an inspection of a shop in the centre of Odesa. The decision was based on irregularities in the way the inspection was arranged, rather than on a refutation of the tax authorities’ claims regarding the accounting of goods.

22.07.2026
The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million
Economy

The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million

The Innovation Development Fund has announced a tender for the purchase of 860 Starlink Internet Satellite Mini satellite modems or their equivalents. The maximum funding amount for the purchase, including VAT, is 17.028 million hryvnias.

22.07.2026
"Ukrnafta" is to build a new gas-fired combined heat and power plant with the support of the EBRD
Economy

"Ukrnafta" is to build a new gas-fired combined heat and power plant with the support of the EBRD

"Ukrnafta", in partnership with the European Bank for Reconstruction and Development, is preparing to build a modern combined-cycle gas-fired combined heat and power plant with a capacity of around 250 MW.

21.07.2026
The IMF has approved a $690 million tranche for Ukraine: the conditions
Economy

The IMF has approved a $690 million tranche for Ukraine: the conditions

The Executive Board of the International Monetary Fund has completed the first review of the four-year Extended Fund Facility programme for Ukraine. The decision paves the way for the immediate release of approximately $690 million.

21.07.2026