The 12th Kyiv International Economic Forum Was Held in Kyiv

The 12th Kyiv International Economic Forum (KIEF) took place in Kyiv, focusing on the Ukrainian economy's performance amidst escalating military risks. Ukrainian Prime Minister Serhiy Koretskyi opened the forum, stating that Russia has intensified attacks on the Ukrainian economy, resulting in direct losses exceeding $7.7 billion and over 1 million square meters of real estate damage.

Despite the challenges, the government remains committed to supporting Ukrainian businesses, offering loans and loss compensation programs. International partners have pledged to provide additional funding for war risk insurance. The forum also addressed external challenges, such as EU trade restrictions on Ukrainian exporters. Business representatives emphasized the need to adapt to the war's impact, improve safety protocols, and develop response systems.

The labor shortage remains a significant issue, with migration losses estimated at 5 million people. Participants discussed dual education and incentives to encourage Ukrainians to return. The overall business sentiment at KIEF is cautious but business-oriented, with the main requests to the government being predictable regulations, insurance against war risks, and solutions to the labor shortage.