The World Bank and the Cabinet of Ministers of Ukraine have signed an agreement for the use of a EUR 3.03 million grant from the European Union to support the Strengthening Public Resource Management Project in Ukraine.

"When we are talking about grant support, it is a financial and advisory contribution for the joint work to achieve an effective result in the future," Deputy Prime Minister and Minister of Economic Development and Trade Stepan Kubiv said at a press conference on Friday in Kyiv .

Kubiv noted EUR1.1 million will be assigned to reforming the public finance sector and the public financial management system; EUR 1.9 million to reforming the civil service.

In particular, an Internet portal for public service vacancies will be created using these funds, the documentation will be transferred into electronic form, and data on civil servants will be opened.

He noted that EUR 3.03 million provided by the EU is part of a larger financing of EUR 5 million, covering the financing by the World Bank of the activities of Ukrainian state institutions under the EU program for reforming public administration and finance.