KYIV. April 15 (Interfax-Ukraine) – The action program of the new Ukrainian government led by Prime Minister Volodymyr Groysman provides for the gradual liberalization of foreign exchange regulation as part of the financial sector reform.
Under the program, this reform also envisages the formation of modern stock exchange infrastructure and conditions for the functioning of commodity exchange market.
In addition, Groysman intends to continue the harmonization of Ukrainian legislation with that of the European Union. The program provides for the adoption of new legislation based on EU standards, in particular that on limited liability companies, and the introduction of a mechanism of corporate agreements.
The program also provides for the simplification and adoption of international accounting standards, transparent privatization of state-owned enterprises, and the introduction of international accounting standards and independent management at state-owned enterprises.
In addition, the new cabinet will take care of improving the efficiency of public investment management and the reform of the State Audit Service.
