"Reform Matrix": Ukraine and the World Bank have unveiled a new plan.

Ukraine, in collaboration with the World Bank, has unveiled a strategic transformation plan called "Reform Matrix," aimed at enhancing the management of public investments. This was announced by Prime Minister Denys Shmyhal.

Reform Priorities

According to Shmyhal, reforms during wartime are as crucial as a strong army, modern weaponry, and a stable economy. The plan for 2024 outlines more than 300 conditions and over 500 indicators.

Main Directions:

Management of Public Investments

• A Strategic Investment Council has been established.
• A Unified Portfolio of Public Investment Projects has been formed, comprising 787 items totaling 2.6 trillion UAH.

Rule of Law and Improvement of the Business Environment

• Preparation for investor support programs post-war.
• Active implementation of digitalization and deregulation.
• Execution of measures to support small and medium-sized enterprises.

Energy

• Development of alternative and renewable energy sources.
• Promotion of decentralization of the energy system.