Finance Minister of Ukraine Oleksandr Danyliuk expects that the European Commission (EC) would approve macrofinancial assistance to Ukraine early autumn of this year. “The European Commission initiated the new program on February 28 and on March 9 the legislative proposal on the new program was finally approved. Now the proposal is in the European Parliament and the Council of the European Union… We are waiting for the final approval [of the program] early autumn. We will do our best to have it approved as soon as possible,” the finance minister said at a press conference in Kyiv.
He said that this concern the provision of EUR 1 billion. Danyliuk said that due to the non-implementation of the previous program the Finance Ministry had to replace insufficient payments in the budget at the end of 2017.
Earlier Danyliuk said that the key condition for the fourth macrofinancial assistance of the European Union to Ukraine is the launch of automated verification of e-declarations. “Meetings were held at the level of the Minister of Finance and the Prime Minister. The task to introduce this system before May 1 is clearly set,” the minister said.
The finance minister said that the program may contain additional conditions, but its key focus is the fight against corruption. “Now there is a dialogue with the EC. Sometime before May 1, they should coordinate all the issues and sign a memorandum,” he said.
