Finance minister, EU, U.S. ambassadors discuss State Fiscal Service reform

Ukrainian Finance Minister Oleksandr Danyliuk, Head of the EU Delegation in Ukraine Hugues Mingarelli and U.S. Ambassador to Ukraine Marie Yovanovitch have discussed the reform of the State Fiscal Service (SFS) of Ukraine.

Danyliuk noted the need to create an independent supervisory board for reforming the State Fiscal Service, which would monitor the implementation of the reform and determine priorities, the Finance Ministry's press service reported.

As reported, the Finance Ministry announced the launch of a comprehensive reform of the State Fiscal Service in late June 2017. The first level of the three-level project of the implementation of the reform envisages formation of a supervisory board, which will include representatives of Western government structures, international organizations and foundations.

The second level envisages a management committee, which includes the finance minister and the secretary of state, the head of the SFS and their deputy and the project manager.

The third level includes the reform implementation group comprised of representatives of the Finance Ministry, the State Fiscal Service, the IMF, the reform support team under the Finance Ministry and the SFS, international consultants. This group should work on practical implementation of the changes, in particular in the audit, the service department, in terms of compliance with legislation and the establishment and improvement of internal processes of the service.