EU plans to launch EUR 55 mln public finance management programme in Ukraine

The European Union plans to start implementation of the public finance management support programme in Ukraine with a budget of EUR 55 million.

"We were glad to welcome the members of the EU Delegation to Ukraine led by the head of the Operations Section Martin Klaucke at the State Fiscal Service of Ukraine. The meeting is not accidental as in the near future the EU plans to start implementation of the public finance management support programme in Ukraine with a budget of EUR 55 million. The programme is primarily aimed at the State Fiscal Service, since its key goal is to assist Ukraine's fiscal authorities in managing the public finances," Acting Deputy Chairman of the State Fiscal Service of Ukraine Yevhen Bambizov wrote on Facebook.

In particular, the program provides for the study of international practices, methodology and tools for auditing the electronic data. E-audit is one of the important innovations designed to reduce the burden on taxpayers during the inspections and to improve the quality and effectiveness of tax control.

ol