The Recovery Spending Watchdog №19, June 2025

The Institute for Economic Research and Policy Consulting, the Centre for Economic Strategy, and Technologies of Progress have presented the nineteenth issue of The Recovery Spending Watchdog.

The report highlights the following:

• A new public investment management system has been launched, with a single project portfolio managed through DREAM, which is expected to improve the transparency and efficiency of reconstruction;
• Recovery financing remains significantly below needs, despite the availability of support programmes;
• Recovery is significantly lagging behind the scale of destruction, with the greatest efforts focused on housing, education, and healthcare;
• More than 80% of public procurements have only one bidder, creating risks of inefficient use of funds;
• Direct business losses are estimated at $17.5 billion, making access to financing, war-risk insurance, and other support instruments essential for enterprises;
• In demining, competition has reduced the cost of clearing one hectare 25-fold, while Ukraine’s first domestically developed remote-controlled demining machine, HART 5100, has also been introduced.

The special focus of the issue is business recovery. We examine the scale of business losses, available support instruments, and measures needed to protect enterprises from war-related risks and restore their operations.

For more details, see the project materials.

Watch the presentation at the link.