During a briefing in Kyiv, U.S. Special Representative for Ukraine Economic Recovery Penny Pritzker outlined a plan with five key steps to aid Ukraine's path to prosperity. She emphasized accelerating reforms and attracting capital to transform numerous ready projects into hundreds and eventually thousands.
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Enhanced Interagency Planning: Ensure Ukraine receives support for interagency planning, increasing the capacity of technical experts to collaborate with Ukrainians in coordinating government actions and developing a unified priority project.
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Project Expansion: Accelerate efforts to expand the list of ready-to-implement projects from ten to hundreds, and ultimately to thousands, to lay the groundwork for investment and economic success.
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Increased Capital Influx: Attract more capital not only by seizing $50 billion of frozen Russian assets but also by revitalizing insurance, reinsurance, securities, and banking markets.
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Reintegration of Veterans and Displaced Persons: Facilitate the return and training of veterans, internally displaced persons, and refugees to reintegrate them into the workforce and aid in the country’s recovery.
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Defense Industry Collaboration: Highlighted ongoing cooperation with Ukraine’s defense sector, including agreements for the production of various types of ammunition and services, and noted the growing technology sector in Ukraine, which has seen an 8% increase in employment.
Pritzker also emphasized the need for continued support in Ukraine's defense industry and the promising future of its technology sector.
