MFSI-II Praised at MinFin Meeting on Inter-Budget Relations Reform
13 February 2015
The MFSI-II Project’s work was given attention at a meeting held at the Ministry of Finance on 10 February 2015. The meeting including the Ministry of Finance, heads of local finance authorities, and the National Advisory Board on efficient public finance management, and was attended by specialists from the Ministry of Finance, Treasury Service of Ukraine, Presidential Administration, Cabinet of Ministers, Committee on Budget of the Verkhovna Rada, heads of local financial authorities from across Ukraine, National Deputies’ staff members, and the civil sector.
The participants discussed current Ukrainian budget system reform issues. The heads of Ministry of Finance departments described the key aspects of the legislative changes in the budget legislation, and gave guidance on how to interpret the new provisions in the Budget Code. The heads of local financial authorities shared their experience in applying the amendments to the Budget Code of
Ukraine, noted positive changes in the budget legislation, and outlined the problem issues that require further modification and regulation.
The meeting’s participants gave high marks to the performance of the MFSI-II Project and noted the need for further support in realizing budget legislation reform. The meeting also set the Project’s next step in its close cooperation with the Ministry of Finance, namely through conducting a series of regional trainings for representatives of local financial authorities.
The participants discussed current Ukrainian budget system reform issues. The heads of Ministry of Finance departments described the key aspects of the legislative changes in the budget legislation, and gave guidance on how to interpret the new provisions in the Budget Code. The heads of local financial authorities shared their experience in applying the amendments to the Budget Code of
Ukraine, noted positive changes in the budget legislation, and outlined the problem issues that require further modification and regulation.The meeting’s participants gave high marks to the performance of the MFSI-II Project and noted the need for further support in realizing budget legislation reform. The meeting also set the Project’s next step in its close cooperation with the Ministry of Finance, namely through conducting a series of regional trainings for representatives of local financial authorities.
Glyanec