Business news from Ukraine

Business news from Ukraine

UKRAINIAN AND GERMAN FINANCE MINISTERS DISCUSS TECHNICAL ASSISTANCE PROJECTS

Ukraine’s Finance Minister Oleksandr Danyliuk and German Finance Minister Olaf Scholz have discussed the results of reforms in Ukraine over the past four years, the state of cooperation with the International Monetary Fund and the deepening of cooperation between Ukraine and Germany. The meeting took place on Friday, April 20, as part of the spring meetings of the IMF and the World Bank in Washington, the press service of the Ukrainian Finance Ministry reported on Saturday. “The meeting also addressed the German support in the formation of the 4th EU macro-financial assistance program and the implementation of projects of technical assistance to Ukraine by the German government,” the report reads.
“Danyliuk thanked Scholz for many years of support of Ukraine by the German government and the provision of expert and technical assistance in the implementation of reforms.
“For his part, the German finance minister assured that the Finance Ministry and the government of Germany as a whole will provide further assistance to Ukraine in implementing key reforms,” the press service said.
In addition, Danyliuk met in Washington with Latvian Finance Minister Dana Reizniece-Ozola, with whom he discussed Latvia’s experience in reforming the tax system, ways to improve efficiency and transparency of tax administration, and comprehensive reform of the State Fiscal Service (SFS).
“Oleksandr Danyliuk and Dan Reizniece-Ozola discussed the possibility of the arrival of Latvian consultants for the implementation of the SFS comprehensive reform and the establishment of the Financial Investigation Service,” the report said.