Business news from Ukraine

Germany to grant EUR 1 mln to support reforms in Ukraine

On December 7, Germany’s Permanent Representative to the Council of Europe Ambassador Rolf Mafael and Deputy Secretary General of the Council of Europe Gabriella Battaini-Dragoni signed an agreement on the allocation of funds to Ukraine within the Council of Europe Action Plan, in particular, Germany allocates EUR 1 million, the German Embassy in Kyiv reported.

“As chairman of the Council of Europe Committee of Ministers, Germany supports Ukraine’s efforts towards reforms. To demonstrate our support, we, as last year, made an important financial contribution to the Council of Europe Action Plan for Ukraine,” said German Ambassador to Ukraine Anka Feldhusen.

In 2019, Berlin already contributed EUR 1 million to support the Plan.

EUROPEAN UNION WILL SUPPORT UKRAINE WITH ANOTHER EUR 15.5 MLN FOR ADMINISTRATION REFORM

The European Union has decided to issue EUR 15.5 million of budget assistance to Ukraine for the reform of the public administration sector, the press service of the EU Delegation to Ukraine has reported. Based on the results achieved by Ukraine in reforming the public administration sector in 2017, the EU decided to increase assistance to Ukraine in this important area of public policy. Some EUR 15.5 million of the total amount of EUR 90 million that constitute the EU’s commitments to supporting this reform are to be transferred to the national budget of Ukraine for 2018, the agency said. The EU noted this is the second payment after the first tranche of EUR 10 million, which was provided in May 2017.
In addition, the diplomatic mission noted that in 2016 the EU approved a special program of assistance to reform the public administration sector in the amount of EUR 104 million, which provides EUR 90 million for budgetary support and EUR14 million for technical assistance, which is used to provide advisory services to state bodies involved in implementation of the reform.
The decision to send EUR 15.5 million from the EU funds to the national budget of Ukraine for 2018 is our recognition of the tangible progress that Ukraine made in the implementation of the public administration reform, Thomas Frellesen, Chargé d’Affaires of the Delegation of the European Union to Ukraine, stated.
Minister of the Cabinet of Ministers Oleksandr Sayenko, in turn, clarified that in accordance with the agreement on financing the program “Support to Comprehensive Reform of Public Administration in Ukraine,” the first part of the tranche is fixed and amounts to EUR 5 million, while the second part depends on the success of the reform implementation, as measured by certain program indicators.
“Thanks to their implementation, the second part of the tranche is EUR 10.5 million. The funds for budget support are transferred to the national budget,” he said. According to the minister, Ukraine has fulfilled 75% of the indicators set for 2017. “Due to the implementation of these and other indicators Ukraine received another tranche,” Sayenko added.

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