The economic recovery program determines the vectors for mobilizing domestic reinvestment potential. It is aimed at promoting dialogue between the public and private sectors, involving interested parties, providing technical assistance for the implementation of large-scale reforms, and protecting the interests of international donors, companies, local and industry associations. Financing is the attraction of money for further investments, investment is the placement of already accumulated money, and reinvestment is an additional investment at the expense of income received from previous investments into the economy. The advantage of reinvestment is the possibility of concentrating investments on the restoration, modernization, or greening of one object.
The recovery of economies after wars and military conflicts must take into account the requirements of international regulators and crisis cycles. In Ukraine, the model of economic recovery and development requires the implementation of the nineteen structural beacons of the cooperation program with the IMF. In the conditions of crisis phenomena (martial law), increasing responsibility and trust between the state, local self-government, and citizens takes place by concluding a social contract.
The state should apply a parametric approach, that is, determine the policy, general framework, and requirements. The effectiveness of reinvestment depends on the development of an algorithm for the distribution of general funding between sectors of the economy and strategic recovery programs. In 2023, the Government identified support for the economy, critical and social infrastructure, housing, energy, as well as humanitarian demining as priority areas of transformation.
