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BRIEFMarch 12, 2025

Ukraine Economic Recovery Plan Enabling Private Sector-Led Growth

Country: Ukraine

Themes: Strengthening the Business Enabling Environment and Expanding Access to Competitive Contestable Markets

Cross Cutting Themes: Gender, Digital

Anticipated Impact Areas: Quality Jobs, Private Investment

The Challenge

The objective is to support the Government of Ukraine (GoU) in designing policies to address specific challenges private firms and industries are facing to participate in global value chains, increase export competitiveness, and increase productivity for a stronger and more resilient COVID-19 recovery and medium-term growth.

The Mission

Activities funded by CJET shifted after Russia’s invasion of Ukraine in February 2022. Since then, activities have focused on monitoring the impact of the invasion on the private sector in Ukraine. In fact, the Project swiftly refocused activities and resources to conduct a comprehensive monitoring effort to uncover the impact of the invasion on the private sector in Ukraine, and provide evidence-based policy guidance to the GoU counterparts. In particular, the Project relied on a cross-disciplinary team and deployed a variety of new tools to provide different perspectives into the impacts on firms within the context of an ongoing conflict. These tools included an in-country Business Pulse Survey of over 2,700 firms, a multinational corporation survey, and an innovative analysis of real time data on economic activity across multiple locations relying on satellite imagery data. This resulted in the delivery of two waves of Private Sector Monitoring in November 2023 (1st wave) and May 2024 (2nd wave).