On Tuesday, May 14, the Cabinet of Ministers of Ukraine decided to establish the Strategic Investment Council, which is an important step in the implementation of the Roadmap for reforming the management of public investments. This information was published by the Ministry of Finance on its official website.
According to the decision, the Council will be chaired by the Prime Minister of Ukraine, and its main purpose will be to determine strategic priorities for the implementation of public investments, be it with the funds of the state budget or international financial partners.
The main functions of the Council will include the approval of the medium-term plan of priority public investments, developed together with the Budget Declaration, and the accounting of a single portfolio of public investment projects that have undergone the necessary assessment and prioritization. In addition, the Council will conduct top-level monitoring of the process of their implementation.
The activities of the Strategic Investment Council are aimed at the effective use of limited financial resources to meet priority needs for recovery and development.
