America News Agency

The London-based financial institution has invested $6.2 billion in projects in Ukraine over three years of conflict.

Ukraine is battling inflation caused by Russian attacks on electricity infrastructure, and it forecasts GDP growth of 3.5% this year, rising to 5% in 2026 if hostilities cease.

EBRD’s chief economist, Beata Javorcik, stated that if negotiations lead to the end of the war, the bank is ready to support Ukraine’s reconstruction. “When the time comes, we are ready to invest,” Javorcik said.

Washington welcomed the expected agreement with Kyiv on extracting Ukraine’s valuable mineral resources, while Javorcik praised the Zelensky government for steering the economy through dire conditions.

Javorcik noted, “The positive aspect is that despite three years of war, the Ukrainian government has managed to maintain macroeconomic stability. This is a remarkable achievement.”

However, when asked about Ukraine’s long-term outlook, Javorcik referred to a 200-year analysis by the EBRD, showing that half of war-affected countries still bear economic scars even 25 years later.

"The success of reconstruction is not guaranteed. It largely depends on the durability of peace and the risk of conflict reigniting relatively quickly," she concluded.