Strategic challenges and development prospects of the ukrainianitsector under conditions of economic instability

Abstract

The paper examines the current state, development dynamics, key problems and strategic prospects for the functioning of the IT sector of Ukraine in conditions of economic instability, currency fluctuations and full-scale war. It was determined that despite the significant potential of the industry and its important role in ensuring the inflow of foreign currency, supporting macroeconomic stability and the development of the state's digital economy, a negative trend of reducing IT exports was recorded in 2023. The study systematizes the main factors hindering the development of the IT industry, which are divided into external and internal.The need for strengthening state support for the industry as one of the key areas of Ukraine's economic policy is substantiated. A set of measures aimed at overcoming crisis phenomena and stimulating innovative development of the IT sphere, as well as active positioning of Ukraine as a reliable IT partner in the international market through increased investment in security and digital infrastructure, is proposed. It is concluded that state support for the IT sector is a strategically important prerequisite not only for ensuring economic stability in the short term, but also for technological recovery, digital transformation, and modernization of other sectors of the national economy in the future.