Since 2019, CPVA has been implementing an EU-funded programme “Public Finance Management Support Programme for Ukraine (EU4PFM)“. On 22 December 2023, the Central Project Management Agency and the EU Commission signed a Contribution Agreement on the “Extension of Public Finance Management Support Programme for Ukraine (EU4PFM)”. This agreement extends the implementation of the EU4PFM Project until December 31, 2025, with an extension until December 31, 2026, in the customs stream. Starting January 1, 2024, the EU4PFM Project has evolved with the addition of two vital components: (2) Public Procurement and (5) External Audit, and Parliamentary Oversight.
Component 1. Budget process modernization: Support relevant national institutions in the improvement of budget preparation, implementation, and control
Component 2. Public Procurement: support further development of the public procurement system in Ukraine.
Component 3. Revenue mobilization: to help develop a modern, efficient, and transparent tax collection system
Component 4. Horizontal functions and governance: to assist relevant public financial management institutions in strengthening their organizational management capabilities.
Component 5. External audit and Parliamentary oversight: support relevant national institutions in the improvement of accountability for public funds.
Objective of the project
To improve the public finance management in Ukraine, thereby ultimately improving public service delivery and the business climate and to strengthen Ukraine’s resilience by responding to urgent needs by the Ukrainian authorities resulting from the Russian war of aggression in Ukraine.
Project partners
- The Ministry of Finance of Ukraine
- The Ministry of Economy of Ukraine
- The State Tax Service of Ukraine
- The State Customs Service of Ukraine
- The Accounting Chamber in Ukraine
