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About Us 
Activity areas
Our Team
Organizational Structure
Supervisory Board
Fiscal Reforms' Support


    The Institute for Budgetary and Socio-Economic Research (IBSER) is an all-Ukrainian public nonprofit organization established in June 2007 by a group of leading Ukrainian experts with years of experience in the financial area. It aims to facilitate the comprehensive and stable socio-economic development of Ukraine via analytical and applied research, the dissemination of information on budget and economic situation, and the implementation of training programs.


  • fostering trends toward increasing the transparency of the budget process and fighting corruption via the implementation of advanced methods of budgeting and strategic planning at the central and local levels; facilitating public access to information;
  • promoting public awareness of fiscal and economic processes in the country by disseminating information and    implementing educational programs, and performing other applied research activities in support of socio-economic reforms in Ukraine;
  • contributing to international integration, in particular via the organization of training trips to foreign countries aimed at studying the best international experiences; holding international events; 
  • assisting on its market and democratic reforms paths by conducting research and analytical studies of budget and socio-economic processes and observing taxation and budgetary trends to identify the impact of fiscal and financial policy on sectors of the economy.


    Since 1 October 2011, IBSER has been implementing the new Municipal Finance Strengthening Initiative (MFSI-II) Roll-out project supported by the United States Agency for International Development (USAID) (2011- 2017).

   The project is focusing its activities on the following:

  •  providing legislative, methodological, and organizational support to central and local governments in disseminating the performance program budgeting (PPB) method to all local budgets of Ukraine;
  •  developing and implementing financial practices that promote energy efficiency in selected cities;
  •  improving public awareness about the process of State budgeting, revenues and expenditures.

   The project activities are implemented at the central and local levels simultaneously in order to ensure the top efficiency and support of project objectives, in particular, by establishing partner relations between the representatives of various branches of government, non-governmental organizations, private companies, and other stakeholders.
   At the national level, the project provides assistance to the Ministry of Finance, other government ministries, and relevant Verkhovna Rada committees on the issues of improving current legislation, developing methodology and implementing regulations aimed at strengthening local socioeconomic development and introducing an efficient and transparent budgeting system.
At the local level, MFSI-II supports and expands the existing network of highly-knowledgeable consultants, arranges a series of workshops for local governments and local branches of State Treasury, provides consultations on issues related to developing and implementing PPB-based budget programs and will assist in implementing a system for monitoring energy expenditures.
   In order to discuss and disseminate the project achievements, the practice of holding Financial and Economic Forums is continued, and support is provided to the activities of the National Advisory Board on issues of efficient public finance management.
   To improve the public awareness about the processes underway in the budget system of Ukraine, MFSI-II prepares and publishes periodical monthly, quarterly, and annual bulletins.      


Citizens’ Project Electronic System Launched in Chernivtsi

A Citizens’ Project electronic system was launched as part of the Chernivtsi Residents’ Initiatives Budget program in the city of Chernivtsi. A simple, user-friendly system will make it possible for each active citizen to take part in deciding how the budget funds could be used for improving life in the city. From now on, the Chernivtsi citizens will be able to submit their own projects and support other exciting ideas online. The projects to win the largest support from the residents will be funded out of the Chernivtsi municipal budget.
  There is a lack of professionals in Ukraine with a proactive civic position and adherence to the principles of transparency, accountability, and responsible attitude to ensuring compliance to the process requirements for environmental protection.
   This has motivated the Poltava Branch of the Social Service of Ukraine to deliver seminars for teachers and students of the higher educational institutions, which train specialists for extractive industries.
   This time, experts conducted a seminar for the students of the Poltava Oil and Gas College at the Poltava Yu. Kondratiuk National Technical University, who are completing their studies in the specialty ‘Operation of oil and gas wells.’