24.01.2025 16:27

European Commission starts reviewing Ukraine’s report on implementing the Q4 2024 steps of the Ukraine Facility Plan

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24.01.2025 16:27

The Ministry of Economy has submitted to the European Commission a report package on the implementation of the Ukraine Facility Plan for the fourth quarter of 2024 confirming the fulfilment of 13 key tasks. In particular, Ukraine adopted 4 laws and 7 strategic documents. The Ministry of Economy is the national coordinator of the Ukraine Facility programme. Its main task is to monitor the implementation of the Ukraine Plan and submit quarterly reports to the European Commission.

“The implementation of all the steps envisaged by the Ukraine Plan was made possible thanks to the coordinated work of the branches of power. I am grateful to the Verkhovna Rada, the Cabinet of Ministers and central executive authorities for their cohesion and professionalism in complying with our international obligations. Last year, we managed to attract EUR 16.2 billion of Western support as part of the implementation of the Plan. I am confident that we will maintain the same performance in 2025 and will be able to attract another EUR 12.5 billion, which will be a significant support for the state budget and economic recovery of the country,” said Oleksii Sobolev, First Deputy Minister of Economy.

The European Commission will review the report within a month and then provide an opinion on the success of the implementation of the measures in the fourth quarter of 2024. In case of a positive assessment, a decision will be made to allocate the next tranche for Ukraine – EUR 3.5 billion.

The European Commission’s decision on the allocation of funds must also be approved by the EU member states and the EU Council. After that, the funds will be transferred to the Ukrainian budget, tentatively at the end of March 2025.

By reporting on the implementation of the fourth quarter’s steps, the Ukrainian side finalised its work on the Ukraine Plan 2024.

Thirteen steps were completed in the fourth quarter under the Ukraine Plan:

  1. The Strategic Plan for Digitalisation of the State Tax Service was approved. It provides for the creation of a unified information and telecommunication system to automate processes, introduce electronic services and strengthen data protection.
  2. Legislation on insolvency prevention was improved. The new provisions, harmonised with the EU Directive, provide for the early detection of financial problems of enterprises and provide mechanisms for debt restructuring.
  3. The State Property Policy was adopted. It establishes clear rules for managing state property, separates the functions of the owner, regulator and manager, and defines the list of objects for privatisation.
  4. Two social strategies were approved:
    - Reforming boarding schools and supporting people with disabilities to live in communities.
    - Ensuring the right of every child to grow up in a family environment by supporting families, developing alternative care and monitoring living conditions.
  5. Scheduled market surveillance inspections have been resumed. This helps to improve the quality and safety of products, as well as to prepare for the conclusion of an “industrial visa-free regime” with the EU.
  6. Legislation in the field of urban planning has been improved. Unified registers, an urban planning cadastre, and new electronic services have been introduced to ensure transparency and convenience.
  7. Investments in renewable energy sources were stimulated. Improved “green” auction procedures to attract new participants and increase the share of “green” energy.
  8. The independence of the Energy Regulator has been ensured. From now on, government agencies cannot interfere in its activities, in line with EU standards.
  9. The National Transport Strategy until 2030 was approved. It plans to create a modern transport system integrated with the European TEN-T network, as well as to digitalise and decarbonise the industry.
  10. The Strategy for the Development of Border Infrastructure with the EU Member States and Moldova until 2030 was adopted. It provides for the reconstruction of border crossing points, simplification of border crossing procedures, and the introduction of joint control.
  11. The Agriculture Development Strategy until 2030 was approved. The programme adapts policy to EU standards, focusing on land reform, irrigation, and support for small producers.
  12. The Law on the State Agrarian Register was adopted. The range of users of the State Agrarian Register was expanded, access to extracts was simplified, and monitoring of the targeted use of state aid was ensured.
  13. The Law on the Development of the Mineral Resources Base until 2030 was adopted. The law defines priorities in the field of critical and strategic resources, provides for integration into global markets and creates favourable conditions for investment.

Last year, the Ukraine Facility programme attracted the largest amount of external support to the state budget – EUR 16.2 billion. This is 40% of the total amount of assistance from Western partners.

IC UAC according to the MEU


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