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
Restrictions on petrol sales have been introduced in Moscow and St Petersburg
Economy
  • Important

Restrictions on petrol sales have been introduced in Moscow and St Petersburg

Petrol stations in Moscow and St Petersburg are introducing limits on the sale of petrol and diesel. The companies attribute these measures to market conditions and supply difficulties.

03.06.2026
Ukraine is entering the new season with substantial wheat stocks and a positive harvest forecast
Economy

Ukraine is entering the new season with substantial wheat stocks and a positive harvest forecast

The Ukrainian wheat market is starting the 2026/27 season with substantial carryover stocks and favourable forecasts for the upcoming harvest. Towards the end of the current marketing year, export activity picked up significantly, boosting market sentiment and trade expectations.

03.06.2026
Ukraine to receive equipment from Latvia to restore its thermal power plant – Svyrydenko
Economy

Ukraine to receive equipment from Latvia to restore its thermal power plant – Svyrydenko

The Head of the Government, Yulia Svyrydenko, noted that energy facilities remain one of the main targets of Russian attacks, particularly the latest one on 2 June.

03.06.2026
The tax authorities have uncovered a scheme to funnel nearly 200 billion hryvnias abroad via a network of high-risk companies
Economy

The tax authorities have uncovered a scheme to funnel nearly 200 billion hryvnias abroad via a network of high-risk companies

The State Tax Service has announced that it has uncovered evidence of a large-scale scheme to transfer funds abroad via more than 2,300 companies. The total value of foreign trade transactions carried out by these entities exceeded 198 billion hryvnias.

03.06.2026
Journalists have uncovered questionable assets belonging to the head of the Kyiv Regional Directorate of the State Security Service, who was appointed by Tsivinsky
Economy

Journalists have uncovered questionable assets belonging to the head of the Kyiv Regional Directorate of the State Security Service, who was appointed by Tsivinsky

Roman Lysakovsky, whom Oleksandr Tsyvinskyi recently appointed as acting head of the Kyiv regional office of the Economic Security Bureau, stated in his latest declaration that his wife—a dentist and owner of a dental practice in Ternopil—earned just over 60,000 UAH over the course of the year. However, she recently sold this practice, which was a successful business.

02.06.2026