TohidA/MONA · Datasets at Hugging Face

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

20.2

1.2. Revenue administration, including customs

Government will prepare a revenue administration reform plan in order to overhaul the state fiscal service. The plan will include measures to implement governance and institutional reforms that clarify the tax agency’s reporting to the Minister of Finance; and remove large numbers of underperforming officials as described in ¶25.

1

04/30/2015

SB

Introduced at R0.

0

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

20.2

1.2. Revenue administration, including customs

The State Fiscal Service will transfer all taxpayers meeting large taxpayer criteria to the LTO (¶22).

2

12/31/2015

SB

Introduced at R0.

0

2

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

20.2

1.2. Revenue administration, including customs

The State Fiscal Service will implement its new arrangements as specified under the revenue administration reform plan (¶25).

3

12/31/2015

SB

Introduced at R0.

0

3

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

The Ministry of Economy in cooperation with the Ministry of Finance will prepare a statement of fiscal risks emanating from SOEs as described in ¶36.

1

04/30/2015

SB

Introduced at R0.

0

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

21.1

2.1. Central bank operations and reforms

Parliament will approve amendments to the NBU Law to strengthen the governance and autonomy framework of the NBU (¶9).

1

04/30/2015

SB

Introduced at R0.

0

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

24.1

5.1. Public enterprise pricing and subsidies

Parliament will approve a new gas market law (¶28).

1

04/30/2015

SB

Introduced at R0.

0

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

The government will adopt a broad-based strategy (prepared in consultation with the IMF and the World Bank staff) to reform the SOE sector as described in ¶36, including measures needed to improve budgetary oversight, develop a comprehensive ownership policy, strengthen corporate governance, prioritize which enterprises should be made subject to restructuring, and examine options for improving management of other state assets.

1

05/31/2015

SB

Introduced at R0.

0

1

2015-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliament will approve legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two long-lasting moratoria (Law 2711- IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting non-compliant customers from the gas supply grid (¶28).

2

03/31/2015

SB

Introduced at R0.

0

2

2015-03-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Undertake an independent audit of all Naftogaz receivables (¶28).

3

06/30/2015

SB

Introduced at R0.

0

3

2015-06-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

NBU will notify banks of any identified discrepancies in the related party exposure reports based on steps (i) and (ii) as described in ¶13.

1

07/31/2015

SB

Introduced at R0.

0

1

2015-07-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

30

11. Other structural measures

Parliament will approve a law on a selective increase of court fees, aiming to double court fee revenue in real terms within 12 months (¶35).

1

05/31/2015

SB

Introduced at R0.

0

1

2015-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve a law which strengthens the provisions in the Code of Civil Procedure on Order for Payment for domestic transactions and on garnishment of bank accounts (¶35).

1

08/31/2015

SB

Introduced at R0.

0

1

2015-08-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

30.4

11.4. Anti-corruption legislation/policy

Take necessary measures to establish the National Anti-corruption Bureau (¶32).

1

04/30/2015

SB

Introduced at R0.

0

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-03-11

P1

R0

E

SB

30.4

11.4. Anti-corruption legislation/policy

Strengthen the implementation of the AML framework to prevent the misuse of the financial sector to launder the proceeds of corruption. This includes: (i) regulatory amendments to ensure proper implementation of the legal requirements related to domestic politically exposed persons (PEPs); (ii) the Financial Intelligence Unit (FIU) will develop a system to assist financial institutions in identifying domestic PEPs; and (iii) proper arrangements will be put in place to facilitate cooperation between the NBU, FIU and NAB (¶32).

2

06/30/2015

SB

Introduced at R0.

0

2

2015-06-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

20.5

1.5. Debt Management

Government will hire financial and legal advisors to facilitate consultations with holders of public sector debt with a view to improving medium-term debt sustainability (MEFP ¶26).

1

Program Prior Action

M

Done Feb. 11, 2015

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament will approve a 2015 supplementary state budget law and a package of tax and expenditure legislation consistent with the program deficit ceiling of UAH 78 billion for the general government, containing the elements described in MEFP ¶23.

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

21.1

2.1. Central bank operations and reforms

Parliamentary passage of Laws 2742 and 2743 to strengthen the governance and autonomy framework of the NBU as agreed with IMF staff and also ensure that the law provides that an appeal before the judicial branch by borrowers classified by the NBU as related parties to a bank does not halt the bank’s unwinding of excess lending to insiders (July MEFP ¶¶8, 14).

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

The energy regulator will adopt and officially publish a decision to raise household gas prices to UAH 3600/tcm for consumption in Tier 1 and UAH 7187/tcm for consumption in Tier 2, effective April 1, 2015 (MEFP ¶28).

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

The energy regulator will adopt and officially publish a decision to raise household heating prices to UAH 625/gcal on average, effective April 1, 2015 (MEFP ¶28).

2

Program Prior Action

M

N/A

1

2

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliamentary passage of Law 2956, lifting the 2001 moratorium on enforcement proceedings for companies with at least 25 percent state ownership that are debtors to Naftogaz and its daughter companies (July MEFP ¶25).

1

First Review Prior action

M

N/A

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliament will approve legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two long-lasting moratoria (Law 2711-IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting noncompliant customers from the gas supply grid (February MEFP ¶28).

2

First Review Prior action

M

N/A

1

2

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

The Cabinet will submit to Parliament legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two longlasting moratoria (Law 2711-IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting noncompliant customers from the gas supply grid (MEFP ¶28).

3

Program Prior Action

M

N/A

1

3

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Parliament will approve legislation that introduces unlimited liability of bank owners on losses arising from loans granted directly or indirectly to the benefit of bank shareholders holding 10 percent or more of total voting shares as of end-2014 (MEFP ¶13).

1

Program Prior Action

M

N/A

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

PA

30.4

11.4. Anti-corruption legislation/policy

Parliament will approve legal amendments to ensure that the NAB is subject to a robust external oversight process, can investigate former Presidents, can access all relevant information for its investigations, and that appropriate mechanisms are in place to ensure hiring of staff with high integrity (MEFP ¶32).

1

Program Prior Action

M

Done. Feb. 25, 2015.

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

Government will prepare a revenue administration reform plan in order to overhaul the state fiscal service. The plan will include measures to implement governance and institutional reforms that clarify the tax agency’s reporting to the Minister of Finance; and remove large numbers of underperforming officials as described in ¶25.

1

04/30/2015

MD

Introduced at R0. At R1, met with delay, June 26, 2015.

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

The State Fiscal Service will transfer all taxpayers meeting large taxpayer criteria to the LTO (¶22).

2

12/31/2015

SB

Introduced at R0.

1

2

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

20.2

1.2. Revenue administration, including customs

The State Fiscal Service will implement its new arrangements as specified under the revenue administration reform plan (¶25).

3

12/31/2015

SB

Introduced at R0.

1

3

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

The Ministry of Economy in cooperation with the Ministry of Finance will prepare a statement of fiscal risks emanating from SOEs as described in ¶36.

1

04/30/2015

MD

Introduced at R0. At R1, met with delay, May 29, 2015.

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

21.1

2.1. Central bank operations and reforms

Parliament will approve amendments to the NBU Law to strengthen the governance and autonomy framework of the NBU (¶9).

1

04/30/2015

MOD-PA

Introduced at R0. At R1, made a prior action for completion of R1.

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

23.1

4.1. Pension reforms

Parliamentary passage of pension reform legislation, as agreed with IMF staff that revises the parameters of the pay-as-you-go system to make it more sustainable, abolishes special pensions, and lays the conditions for the adoption of a funded system that would complement the pay-as-you-go system (July MEFP ¶24).

1

12/31/2015

SB

Introduced at R1.

1

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Reform utility-related social assistance by (i) reducing the scope of energy privilege programs to cover only households that remain exempt from income testing according to Law 76-VIII/2014; (ii) converging the associated benefits to the levels in the HUS program; and (iii) revising the benefit formula of the expanded HUS program in consultation with IMF staff to channel benefits to vulnerable households and provide incentives for energy efficiency. The overall fiscal envelope for all energy-related social assistance programs (privileges and HUS) will be set at UAH 43 billion (July MEFP ¶24).

1

05/31/2016

SB

Introduced at R1.

1

2016-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

24.1

5.1. Public enterprise pricing and subsidies

Parliament will approve a new gas market law (¶28).

1

04/30/2015

M

Introduced at R0.

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

The government will adopt a broad-based strategy (prepared in consultation with the IMF and the World Bank staff) to reform the SOE sector as described in ¶36, including measures needed to improve budgetary oversight, develop a comprehensive ownership policy, strengthen corporate governance, prioritize which enterprises should be made subject to restructuring, and examine options for improving management of other state assets.

1

05/31/2015

M

Introduced at R0.

1

2015-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliament will approve legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two long-lasting moratoria (Law 2711- IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting non-compliant customers from the gas supply grid (¶28).

2

03/31/2015

MOD-PA

Introduced at R0. At R1, made into a prior action for completion of R1.

1

2

2015-03-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Undertake an independent audit of all Naftogaz receivables (¶28).

3

06/30/2015

M

Introduced at R0.

1

3

2015-06-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Adoption by a cabinet resolution of the privatization action plan for five large SOEs from the priority privatization list (July MEFP ¶30).

4

09/30/2015

SB

Introduced at R1.

1

4

2015-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Agreement on detailed restructuring action plans, prepared in consultation with IMF staff, for five SOEs with the largest fiscal risks, between the respective line ministry, Ministry of Economy and the Ministry of Finance (July MEFP ¶30).

5

01/31/2016

SB

Introduced at R1.

1

5

2016-01-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

NBU will notify banks of any identified discrepancies in the related party exposure reports based on steps (i) and (ii) as described in ¶13.

1

07/31/2015

SB

Introduced at R0.

1

2015-07-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30

11. Other structural measures

Parliament will approve a law on a selective increase of court fees, aiming to double court fee revenue in real terms within 12 months (¶35).

1

05/31/2015

M

Introduced at R0.

1

2015-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve a law which strengthens the provisions in the Code of Civil Procedure on Order for Payment for domestic transactions and on garnishment of bank accounts (¶35).

1

08/31/2015

MOD-DATE

Introduced at R0. At R1, new test date of end-December 2015.

1

2015-08-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve a law which strengthens the provisions in the Code of Civil Procedure on Order for Payment for domestic transactions and on garnishment of bank accounts (¶35).

1

12/31/2015

SB

A R1, new test date.

1

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve amendments to legislation as described in MEFP ¶17, consistent with IMF staff advice, to strengthen the corporate insolvency and credit enforcement regimes, and to remove tax impediments (July MEFP ¶17).

2

03/31/2016

SB

Introduced at R1.

1

2

2016-03-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Take necessary measures to establish the National Anti-corruption Bureau (¶32).

1

04/30/2015

MD

Introduced at R0. At R1, met with delay, May 7, 2015.

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Strengthen the implementation of the AML framework to prevent the misuse of the financial sector to launder the proceeds of corruption. This includes: (i) regulatory amendments to ensure proper implementation of the legal requirements related to domestic politically exposed persons (PEPs); (ii) the Financial Intelligence Unit (FIU) will develop a system to assist financial institutions in identifying domestic PEPs; and (iii) proper arrangements will be put in place to facilitate cooperation between the NBU, FIU and NAB (¶32).

2

06/30/2015

MD

Introduced at R0. At R1, met with delay, July 20, 2015.

1

2

2015-06-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Undertake measures to make the National Anti-Corruption Bureau operational, including with regard to its prosecutorial function (July MEFP ¶29).

3

01/31/2016

SB

Introduced at R1.

1

3

2016-01-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2015-07-31

P1

R1

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Establish a specialized anticorruption prosecution function in charge of overseeing NAB’s investigations, in accordance with the Law on the Prosecutor’s Office, and enable NAB timely access to relevant information from other public institutions (July MEFP ¶29).

4

09/30/2015

SB

Introduced at R1.

1

4

2015-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

20.5

1.5. Debt Management

Government will hire financial and legal advisors to facilitate consultations with holders of public sector debt with a view to improving medium-term debt sustainability (MEFP ¶26).

1

Program Prior Action

M

Done Feb. 11, 2015

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Parliamentary approval of the 2016 budget in line with program commitments and of a new tax code (as described in ¶26, except the measures due after July 1, 2016).

1

Second Review Prior action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliament will approve a 2015 supplementary state budget law and a package of tax and expenditure legislation consistent with the program deficit ceiling of UAH 78 billion for the general government, containing the elements described in MEFP ¶23.

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

21.1

2.1. Central bank operations and reforms

Parliamentary passage of Laws 2742 and 2743 to strengthen the governance and autonomy framework of the NBU as agreed with IMF staff and also ensure that the law provides that an appeal before the judicial branch by borrowers classified by the NBU as related parties to a bank does not halt the bank’s unwinding of excess lending to insiders (July MEFP ¶¶8, 14).

1

First Review Prior action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

22

3. Civil service and public employment reforms, and wages

Adopt a Cabinet of Ministers decree reducing the lists 1 and 2 of occupations eligible for early retirement by at least 40 percent in terms of eligible persons (¶29a).

1

Second Review Prior action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

Adoption and publication of a Cabinet of Ministers decision to unify and increase the retail gas tariffs at a level consistent with 100 percent of cost recovery based on import parity, effective May 1, 2016 (as described in ¶33a).

1

Second Review Prior action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

Adoption and publication of necessary decisions to increase retail heating tariffs to 100 percent of the level consistent with gas priced at full import parity effective July 1, 2016 (as described in ¶33a).

2

Second Review Prior action

M

N/A

2

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

The energy regulator will adopt and officially publish a decision to raise household gas prices to UAH 3600/tcm for consumption in Tier 1 and UAH 7187/tcm for consumption in Tier 2, effective April 1, 2015 (MEFP ¶28).

3

Program Prior Action

M

N/A

2

3

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.1

5.1. Public enterprise pricing and subsidies

The energy regulator will adopt and officially publish a decision to raise household heating prices to UAH 625/gcal on average, effective April 1, 2015 (MEFP ¶28).

4

Program Prior Action

M

N/A

2

4

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliamentary passage of Law 2956, lifting the 2001 moratorium on enforcement proceedings for companies with at least 25 percent state ownership that are debtors to Naftogaz and its daughter companies (July MEFP ¶25).

1

First Review Prior action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliament will approve legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two long-lasting moratoria (Law 2711-IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting noncompliant customers from the gas supply grid (February MEFP ¶28).

2

First Review Prior action

M

N/A

2

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

The Cabinet will submit to Parliament legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two longlasting moratoria (Law 2711-IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting noncompliant customers from the gas supply grid (MEFP ¶28).

3

Program Prior Action

M

N/A

2

3

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

25.1

6.1. Financial sector legal reforms, regulation, and supervision

Parliament will approve legislation that introduces unlimited liability of bank owners on losses arising from loans granted directly or indirectly to the benefit of bank shareholders holding 10 percent or more of total voting shares as of end-2014 (MEFP ¶13).

1

Program Prior Action

M

N/A

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

30.4

11.4. Anti-corruption legislation/policy

Parliament will approve legal amendments to ensure that the NAB is subject to a robust external oversight process, can investigate former Presidents, can access all relevant information for its investigations, and that appropriate mechanisms are in place to ensure hiring of staff with high integrity (MEFP ¶32).

1

Program Prior Action

M

Done. Feb. 25, 2015.

2

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

PA

30.4

11.4. Anti-corruption legislation/policy

Appointment of the Head Anticorruption Prosecutor and his/her two deputies (¶35e).

2

Second Review Prior action

M

N/A

2

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Government will prepare a revenue administration reform plan in order to overhaul the state fiscal service. The plan will include measures to implement governance and institutional reforms that clarify the tax agency’s reporting to the Minister of Finance; and remove large numbers of underperforming officials as described in ¶25.

1

04/30/2015

MD

Introduced at R0. At R1, met with delay, June 26, 2015.

2

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

The State Fiscal Service will transfer all taxpayers meeting large taxpayer criteria to the LTO (¶22).

2

12/31/2015

M

Introduced at R0. met at R2

2

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

The State Fiscal Service will implement its new arrangements as specified under the revenue administration reform plan (¶25).

3

12/31/2015

M

Introduced at R0. met at R2.

2

3

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

20.2

1.2. Revenue administration, including customs

Adopt legislation to merge the customs and tax administration into a single legal entity (¶27a).

4

12/31/2016

SB

New SB at R2.

2

4

2016-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

20.6

1.6. Expenditure auditing, accounting, and financial controls

The Ministry of Economy in cooperation with the Ministry of Finance will prepare a statement of fiscal risks emanating from SOEs as described in ¶36.

1

04/30/2015

MD

Introduced at R0. At R1, met with delay, May 29, 2015.

2

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

21.1

2.1. Central bank operations and reforms

Parliament will approve amendments to the NBU Law to strengthen the governance and autonomy framework of the NBU (¶9).

1

04/30/2015

MOD-PA

Introduced at R0. At R1, made a prior action for completion of R1.

2

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

23.1

4.1. Pension reforms

Parliamentary passage of pension reform legislation, as agreed with IMF staff that revises the parameters of the pay-as-you-go system to make it more sustainable, abolishes special pensions, and lays the conditions for the adoption of a funded system that would complement the pay-as-you-go system (July MEFP ¶24).

1

12/31/2015

MOD-DATE

Introduced at R1. not met at R2, new test date added.

2

1

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

23.1

4.1. Pension reforms

Parliamentary passage of pension reform legislation, as agreed with IMF staff that revises the parameters of the pay-as-you-go system to make it more sustainable, abolishes special pensions, and lays the conditions for the adoption of a funded system that would complement the pay-as-you-go system (July MEFP ¶24).

1

12/31/2016

SB

New date added at R2.

2

1

2016-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

23.1

4.1. Pension reforms

Parliamentary approval of legislation to: (i) gradually adjust the statutory retirement age and further reduce the scope for early retirement; (ii) tighten the eligibility criteria for the minimum pension; (iii) consolidate pension legislation, which is now spread across about two dozen laws, and ensure a single principle for providing pensions without privileges for any occupation (with the exception of the military); (iv) expand the base for social security contributions; (v) ensure equitable tax treatment of pensions; and (vi) better link benefits to contributions, also to encourage the declaration of actual incomes. In addition, we will separate various categorical pension supplements from the labor pensions, bring their financing from the pension fund to the state budget and improve their targeting starting from 2017 (¶29a).

2

12/31/2016

SB

New SB at R2.

2

2016-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Reform utility-related social assistance by (i) reducing the scope of energy privilege programs to cover only households that remain exempt from income testing according to Law 76-VIII/2014; (ii) converging the associated benefits to the levels in the HUS program; and (iii) revising the benefit formula of the expanded HUS program in consultation with IMF staff to channel benefits to vulnerable households and provide incentives for energy efficiency. The overall fiscal envelope for all energy-related social assistance programs (privileges and HUS) will be set at UAH 43 billion (July MEFP ¶24).

1

05/31/2016

MOD-DATE

Introduced at R1. Not met at R2.

2

1

2016-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Reform utility-related social assistance by (i) reducing the scope of energy privilege programs to cover only households that remain exempt from income testing according to Law 76-VIII/2014; (ii) converging the associated benefits to the levels in the HUS program; and (iii) revising the benefit formula of the expanded HUS program in consultation with IMF staff to channel benefits to vulnerable households and provide incentives for energy efficiency. The overall fiscal envelope for all energy-related social assistance programs (privileges and HUS) will be set at UAH 43 billion (July MEFP ¶24).

1

09/30/2016

SB

NM at R2, new test date added.

2

1

2016-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

23.2

4.2. Other social sector reforms (e.g., social safety nets, health and education)

Adjust the parameters of the utility-related social assistance programs, including the HUS benefits formula, to ensure that benefits remain within the allocated fiscal envelope (¶31a).

2

09/30/2016

SB

New SB at R2.

2

2016-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.1

5.1. Public enterprise pricing and subsidies

Parliament will approve a new gas market law (¶28).

1

04/30/2015

M

Introduced at R0.

2

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.1

5.1. Public enterprise pricing and subsidies

Revise the Public Service Obligations (CMU Resolution 758) to introduce an interim mechanism to adjust gas and heating tariffs on a quarterly basis if tariffs deviate from full cost-recovery levels (based on import parity as defined in the TMU) by 10 percent or more (as described in ¶33a).

2

10/31/2016

SB

New SB at R2.

2

2016-10-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

The government will adopt a broad-based strategy (prepared in consultation with the IMF and the World Bank staff) to reform the SOE sector as described in ¶36, including measures needed to improve budgetary oversight, develop a comprehensive ownership policy, strengthen corporate governance, prioritize which enterprises should be made subject to restructuring, and examine options for improving management of other state assets.

1

05/31/2015

M

Introduced at R0.

2

1

2015-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliament will approve legislative amendments to improve Naftogaz collections. These amendments should include (i) lifting two long-lasting moratoria (Law 2711- IV/2005 and Law 2864-III/2001) that protect energy and other companies from enforcement proceedings; and (ii) disconnecting non-compliant customers from the gas supply grid (¶28).

2

03/31/2015

MOD-PA

Introduced at R0. At R1, made into a prior action for completion of R1.

2

2015-03-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Undertake an independent audit of all Naftogaz receivables (¶28).

3

06/30/2015

M

Introduced at R0.

2

3

2015-06-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Adoption by a cabinet resolution of the privatization action plan for five large SOEs from the priority privatization list (July MEFP ¶30).

4

09/30/2015

M

Introduced at R1. Met at R2.

2

4

2015-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Agreement on detailed restructuring action plans, prepared in consultation with IMF staff, for five SOEs with the largest fiscal risks, between the respective line ministry, Ministry of Economy and the Ministry of Finance (July MEFP ¶30).

5

01/31/2016

M

Introduced at R1. met at R2.

2

5

2016-01-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Cabinet of Ministers approval and publication in the MEDT website of the completed triage of all SOEs, dividing them into companies to (i) remain under management of the State (including SOEs that are located in territories currently not under the control of the government); (ii) privatize; or (iii) liquidate; and transfer to the SPFU those SOEs incorporated in the privatization plan for 2016 (¶39c).

6

10/31/2016

SB

New SB at R2.

2

6

2016-10-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

24.2

5.2. Privatization, public enterprise reform and restructuring, other than pricing

Parliamentary approval of amendments to the privatization law to improve transparency and safeguards, and to further streamline the privatization process (¶39e).

7

12/31/2016

SB

New SB at R2.

2

7

2016-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

25.1

6.1. Financial sector legal reforms, regulation, and supervision

NBU will notify banks of any identified discrepancies in the related party exposure reports based on steps (i) and (ii) as described in ¶13.

1

07/31/2015

M

Introduced at R0. Met at R2

2

1

2015-07-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30

11. Other structural measures

Parliament will approve a law on a selective increase of court fees, aiming to double court fee revenue in real terms within 12 months (¶35).

1

05/31/2015

M

Introduced at R0.

2

1

2015-05-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve a law which strengthens the provisions in the Code of Civil Procedure on Order for Payment for domestic transactions and on garnishment of bank accounts (¶35).

1

08/31/2015

MOD-DATE

Introduced at R0. At R1, new test date of end-December 2015.

2

1

2015-08-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve a law which strengthens the provisions in the Code of Civil Procedure on Order for Payment for domestic transactions and on garnishment of bank accounts (¶35).

1

12/31/2015

MOD-DATE

A R1, new test date. Not met at R2, new test data added.

2

1

2015-12-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve a law which strengthens the provisions in the Code of Civil Procedure on Order for Payment for domestic transactions and on garnishment of bank accounts (¶35).

1

09/30/2016

SB

new test date added at R2.

2

1

2016-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve amendments to legislation as described in MEFP ¶17, consistent with IMF staff advice, to strengthen the corporate insolvency and credit enforcement regimes, and to remove tax impediments (July MEFP ¶17).

2

03/31/2016

MOD-DATE

Introduced at R1. Not met at R2.

2

2016-03-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.1

11.1. Private sector legal and regulatory environment reform (non financial sector)

Parliament will approve amendments to legislation as described in MEFP ¶17, consistent with IMF staff advice, to strengthen the corporate insolvency and credit enforcement regimes, and to remove tax impediments (July MEFP ¶17).

2

09/30/2016

SB

new test date added at R2.

2

2016-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.2

11.2. Natural resource and agricultural policies (excl. public enterprises and pricing)

Submit law on agricultural land circulation to parliament (¶38d).

1

09/30/2016

SB

New SB at R2.

2

1

2016-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Take necessary measures to establish the National Anti-corruption Bureau (¶32).

1

04/30/2015

MD

Introduced at R0. At R1, met with delay, May 7, 2015.

2

1

2015-04-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Strengthen the implementation of the AML framework to prevent the misuse of the financial sector to launder the proceeds of corruption. This includes: (i) regulatory amendments to ensure proper implementation of the legal requirements related to domestic politically exposed persons (PEPs); (ii) the Financial Intelligence Unit (FIU) will develop a system to assist financial institutions in identifying domestic PEPs; and (iii) proper arrangements will be put in place to facilitate cooperation between the NBU, FIU and NAB (¶32).

2

06/30/2015

MD

Introduced at R0. At R1, met with delay, July 20, 2015.

2

2015-06-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Undertake measures to make the National Anti-Corruption Bureau operational, including with regard to its prosecutorial function (July MEFP ¶29).

3

01/31/2016

M

Introduced at R1. met at R2.

2

3

2016-01-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Establish a specialized anticorruption prosecution function in charge of overseeing NAB’s investigations, in accordance with the Law on the Prosecutor’s Office, and enable NAB timely access to relevant information from other public institutions (July MEFP ¶29).

4

09/30/2015

NM

Introduced at R1. Not met at R2.

2

4

2015-09-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Parliamentary approval of legislation ensuring that the NABU has: (i) the use of a wide range of investigative techniques, including undercover operations, intercepting communications, accessing computer systems and controlled delivery, without having to rely on other agencies’ infrastructure; and that (ii) the registration of pre-court cases and of investigative judges’ rulings pertaining to NABU should be protected from leakage of information related to ongoing investigations, by restricting access to the information to NABU and SAPO officers until the investigation of the case is completed, or the case is closed (¶36a).

5

11/30/2016

SB

New SB at R2.

2

5

2016-11-30

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

N/A

2016-09-14

P1

R2

BLANK

SB

30.4

11.4. Anti-corruption legislation/policy

Ensure all high-level officials filed their assets and income declarations, as defined under Article 46 of law 2014/49 for the calendar year 2015 and their full disclosures freely available to the public on a single website shortly after submission (¶36c).

6

10/31/2016

SB

New SB at R2.

2

6

2016-10-31

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

2018-12-17

N/A

2017-04-03

P1

R3

L

PA

20.3

1.3. Expenditure measures, including arrears clearance

Reduce consumption norms from 5.5 to 5.0 cm per m2 for gas for individual heating, from 65 to 51 kwh per m2 for electricity used for individual heating, and from 0.0548 to 0.0431 Gcal per m2 for centralized heating effective May 1, 2017 (as specified in ¶23).

1

Third Review Prior action

M

The SB is "Adjust the parameters of utility-related social assistance programs, including the HUS benefits formula, to ensure that benefits remain within the allocated fiscal envelope (September 2016 MEFP ¶31a). "

3

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

2018-12-17

N/A

2017-04-03

P1

R3

L

PA

20.5

1.5. Debt Management

Government will hire financial and legal advisors to facilitate consultations with holders of public sector debt with a view to improving medium-term debt sustainability (MEFP ¶26).

1

Program Prior Action

M

Done Feb. 11, 2015

3

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

2018-12-17

N/A

2017-04-03

P1

R3

L

PA

20.6

1.6. Expenditure auditing, accounting, and financial controls

Parliamentary approval of the 2016 budget in line with program commitments and of a new tax code (as described in ¶26, except the measures due after July 1, 2016).

1

Second Review Prior action

M

N/A

3

1

2023-09-23

N/A

724

UKRAINE

926

EFF

2015-03-11

2,015

2019-03-10

2,019

2018-12-17

N/A

2017-04-03

P1

R3

L

PA

20.8

1.8. Budget preparation (e.g., submission or approval)

Parliamentary approval of the 2017 budget and supporting legislation consistent with the program target of 3.1 percent of GDP (as specified in ¶18).

1

Third Review Prior action

M

N/A

3

1

2023-09-23

N/A