Despite its economy steadily improving from the first months of the full-scale invasion, very little foreign capital is currently trickling down to Ukraine’s private and public sectors.
Money from international financial institutions has helped stabilize the economy, bolstering forecasts of 3.2% gross domestic product (GDP) growth this year, according to the World Bank. But private investors are still hesitant in the face of a protracted conflict and war risk insurance programs have failed to persuade most.
If everyone waits until the war is over, there might not be a Ukraine to invest in.