“The future isn’t borrowed — it’s financed”: the Chairman of the NSSMC presented his vision for the economy of the future

Oleksii Semeniuk, Chairman of the National Securities and Stock Market Commission, participated in a meeting of the Council for Entrepreneurship Support under the President of Ukraine, which brought together representatives of the Office of the President, the Government, Parliament, and the business community to discuss ways to develop the Ukrainian economy and attract investment.

During his speech, the Commission Chair presented his vision for the development of the capital market as one of the key sources of funding for Ukraine’s reconstruction and economic growth.

The focus was on the following issues:
– deregulation;
– attracting domestic capital;
– developing investment infrastructure;
– creating new financial instruments.

The speech was based on the premise that the modern capital market is not only a financial infrastructure but also a mechanism for financing the country’s future.

“The future isn’t borrowed — it’s financed. And so I’ll say this plainly: the capital market isn’t a place where securities are traded. It’s a mechanism through which a country finances its future,” Oleksii Semeniuk emphasized.

The Commission Chair stressed that, despite the war, the Ukrainian capital market shows resilience: its volume grew from UAH 625 billion in 2022 to UAH 2.17 trillion in 2025, and its share of the country’s GDP exceeded 24%.

The Commission Chair stressed that, despite the war, the Ukrainian capital market shows resilience: its volume grew from UAH 625 billion in 2022 to UAH 2.17 trillion in 2025, and its share of the country’s GDP exceeded 24%.

According to the Chairman of the NSSMC, these instruments are intended to create conditions for attracting long-term capital to Ukraine’s economy.

“Ukraine is used to counting how much it will be given. It’s time to talk about how much it attracts on its own. And when we describe the economy of the future — I want the capital for it to have a Ukrainian address,” said Oleksii Semeniuk.

During the meeting, Kyrylo Budanov, Head of the Office of the President of Ukraine, emphasized the strategic importance of economic development and support for entrepreneurship for the country’s resilience.

“A strong economy is not the result of victory, but one of the key components of that victory,” Kyrylo Budanov stressed.

He also noted that Ukraine is already competing for capital and investment on a global scale, and that integration into Western markets should open up new opportunities for business, rather than create additional barriers.

Prime Minister Yulia Svyrydenko, for her part, emphasized the importance of the government and the business community working together to advance deregulation and support entrepreneurship.

“I urge everyone to join us in our collective efforts on deregulation and creating additional opportunities for businesses,” said Yulia Svyrydenko.

The Council for Entrepreneurship Support is a key platform for dialogue between the government and the business community and is tasked with developing solutions aimed at improving the investment climate and developing Ukraine’s economic potential. In March 2026, its renewed composition was chaired by Kyrylo Budanov, Head of the Office of the President.

For reference: According to the NSSMC’s estimates, personal investment accounts have the potential to attract up to 5 million new investors and up to UAH 100 billion in investments in the real sector of the economy.