“Laying Foundations for Building Back Better in Ukraine” ‒ Policy Actions and Principles for a Strong Transition and Recovery Process

Russia’s invasion of Ukraine is causing massive social and economic repercussions with a devastating loss of human lives, millions of displaced people, and a sharp increase of poverty Ukraine will need to balance the need to sustain the war economy today and create the necessary conditions for a sustainable economic recovery in future Ukraine’s reconstruction and progress toward EU standards will demand more from its institutions and will be a key driver for reforms and plans to build back better External support, especially from the private sector, remains key to expand the available and necessary pool of resources exponentiall Ukraine would need to build a strong foundation to accelerate reconstruction by focusing on a set of policies that catalyze external financing, enhance implementation capacity, and ensure recovery actions do not impede progress on long term commitments and accession requirements (including the green transition)