Government approved Medium-Term Plan for Priority Public Investment for 2027–2029

The Cabinet of Ministers of Ukraine has approved the Medium-Term Plan for Priority Public Investment for 2027–2029. The document will enter into force simultaneously with the approval of the Budget Declaration for 2027–2029.

The Plan is aimed at optimising the use of budget resources, increasing transparency in public spending, and further integrating public investment into the budget planning system. This approach will make it possible to focus funding on projects and programmes that are most important to citizens.

The approval of the new Plan is another consistent step in the public investment management reform. It ensures continuity in medium-term investment planning and strengthens its alignment with the country’s strategic priorities.

During the implementation of the previous Plan for 2026–2028, public investment priorities were aligned with strategic planning documents, unified approaches to project appraisal were introduced, the Unified Public Investment Project Portfolio was established, and the relevant funding for project implementation was included in the 2026 State Budget.

The Plan for 2027-2029 covers 18 priority sectors for public investment, including transport, education and science, healthcare, energy, municipal infrastructure, social protection, mine action, and digital transformation. Within these sectors, 44 subsectors and 67 key areas of public investment have been identified and aligned with strategic planning documents.

The Plan also defines five cross-cutting strategic objectives for public investment: energy efficiency, digitalisation, climate change response, gender equality, and accessibility. These objectives are essential for sustainable development and strengthening social equity.

The total volume of public investment for 2027–2029 amounts to UAH 270.9 billion, including:

• UAH 123.7 billion in 2027;
• UAH 82.3 billion in 2028;
• UAH 64.9 billion in 2029.

The UAH 270.9 billion in public investment planned for 2027–2029 will be financed from the following sources:

• UAH 150.8 billion from the general fund of the State Budget, including UAH 6.0 billion from the State Regional Development Fund;
• UAH 114.5 billion from international financial institutions and foreign governments, including UAH 14.6 billion in international technical assistance and grants;
• UAH 4.9 billion in state guarantees;
• UAH 0.7 billion from special state funds.

The largest volumes of investment will be allocated to:

• education and science – UAH 78.5 billion;
• transport and postal services – UAH 73.0 billion;
• municipal infrastructure and services – UAH 46.5 billion;
• healthcare – UAH 25.3 billion;
• energy – UAH 17.1 billion.

The Plan was developed with due consideration of the Ukraine Plan under the Ukraine Facility and the findings of the Fifth Rapid Damage and Needs Assessment (RDNA5). According to RDNA5, Ukraine’s total recovery and reconstruction needs are estimated at USD 587.7 billion, more than 12% higher than the previous estimate.

The Plan provides a foundation for strengthening the confidence of international partners and private investors by establishing clear national priorities, ensuring greater predictability of government policy, and increasing the transparency of planning processes. This will facilitate the effective mobilisation of international financing and the development of public-private partnership mechanisms.

Only projects and programmes that correspond to the key areas of public investment identified in the Plan and are included in the Single Public Investment Project Pipeline will be eligible for state funding.