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Ukraine’s Financial-Market Road-Map: 2024 Scorecard at a Glance

by Roman Cheplyk
Wednesday, June 4, 2025
1 MIN
Ukraine’s Financial-Market Road-Map: 2024 Scorecard at a Glance

Regulators report 87 % of the 99 action points either completed or firmly on schedule

Headline Results

Pillar Completion status
Macroeconomic stability 25 % of actions delivered (best-in-class progress)
Financial stability 7 % delivered; balance are longer-cycle measures
Overall 87 % of all Strategy measures marked completed or on track

Key 2024 Deliverables

  1. Broader government-bond product line – deeper domestic market.

  2. National Revenue Strategy 2024-30 – anchors fiscal reforms.

  3. Corporate-governance upgrade – higher supervisory standards across financial entities.

  4. Enhanced issuer disclosure rules – boosts transparency for investors.

Flagship wins since launch (2023-24)

  • Currency-liberalisation roadmap and debt-management strategy approved.

  • Lending, entrepreneurship and financial-literacy strategies adopted.

  • AQR and stress tests completed for top-20 banks.

  • New legal frameworks: Credit Unions Act, Agrarian Notes Act, capital-market supervision amendments.

  • Pilot registration of credit-note issuances; foreign securities (incl. S&P 500 ETFs) admitted to local trading.

What’s Next?

  • Legislative passage of remaining long-cycle initiatives.

  • Further easing of FX restrictions and gradual move to flexible exchange-rate regime.

  • Execution of public-finance and public-investment management reforms.

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