Ministry: Ukraine needs additional 4.5 million workers for next 10 years.

Ukraine will have to attract additional 4.5 million employees to the labor market over the next 10 years for a successful recovery, the Economy Ministry said[1] on July 14. The country faced a labor shortage even before the start of the full-scale war, and after the invasion, more than 6 million Ukrainians were forced abroad, the ministry commented. "Recovery of the labor market is not a consequence of victory, it is a path to victory," said Deputy Economy Minister Tetiana Berezhna.

According to the World Bank's assessment from March, Ukraine will need[2] at least £411 billion for recovery and reconstruction. This figure equals 2.6 times Ukraine's projected gross domestic product in 2022. Kyiv's partners have convened[3] at London's Recovery Conference on June 21 to address Ukraine's reconstruction and recovery needs.

As the outcome of the forum, the international community has pledged billions in reconstruction aid, while further packages have been announced since then.

Anders Aslund: Preparing for Ukraine's reconstruction As Ukraine's counteroffensive gets underway, Western countries must help liberate all Ukrainians living under Russian occupation. But Western assistance must not end once Russia is defeated.

Ukraine's supporters must also help its postwar recovery. The Ukraine Recovery Conference in Lon...

News Editor

Martin Fornusek is a news editor at the Kyiv Independent. He has previously worked as a news content editor at the media company Newsmatics and is a contributor to Euromaidan Press.

He also volunteers as an editor and translator at the Czech-language version of Ukrainer. Martin studied at Masaryk University in Brno, Czechia, holding a bachelor's degree in security studies and history and a master's degree in conflict and democracy studies.

References

1. ^ said (www.me.gov.ua)
2. ^ need (kyivindependent.com)
3. ^ convened (kyivindependent.com)
4. ^ Anders Aslund: Preparing for Ukraine's reconstructionAs Ukraine's counteroffensive gets underway, Western countries must help liberate all Ukrainians living under Russian occupation. But Western assistance must not end once Russia is defeated.

   Ukraine's supporters must also help its postwar recovery.

   The Ukraine Recovery Conference in Lon... (kyivindependent.com)