Reform Advisory Fund

Concrete measures to implement the national reform agenda and international agreements

Project name:
Structural and regulatory advisory fund for the Ukrainian Government
Commissioned by:
Federal Ministry for Economic Cooperation and Development (BMZ)
Partner:
Ministry of Economy
Current term:
2015 – 2017
Budget:
EUR 4 million

Download Project factsheet

Objective

A reform of economic policy and the management of public finances is conducted, and the process of decentralisation continues. The responsible ministries and Parliament adopt EU standards and improve their transparency, efficiency and accountability.

Challenges

Ukraine wants to further integrate its economy into the EU internal market. To reach this goal the country signed an Association Agreement with the European Union. At the end of 2014 the Government of Ukraine published an action plan with details on how the country plans to implement the agreements that were made with the European Union, the International Monetary Fund and the World Bank.

Activities & planned outputs

GIZ supports the Ministries of Finance, Economy and Regional Development in particular. Their task is to carry outconcrete measures in the fields of public finance, decentralisation and sustainable economic development, so that the goals they agreed upon together with their international partners can be reached. The support is given by national and international experts. Trainings, workshops and discussion rounds help to continuously develop the capacities of civil society and public institutions.

Results

Around 1,000 members of the Ukrainian Government and civil society were informed about European standards – knowledge that they can now use in their everyday work. The participation also led to closer cooperation between NGOs and civil servants and to the exchange of European experiences. Experts from the Governments of Germany and the UK and from EU Member States that have undergone post-socialist transformation processes made their know-how available.