On November 3, Prime Minister Denys Shmyhal held a working meeting with members of the Committee for the Appointment of Heads of Critical Importance Enterprises (by videoconference). The meeting was attended by Committee Chairman Jason Pellmar, EBRD Managing Director for Eastern Europe and the Caucasus Matteo Patrone, IMF Resident Representative in Ukraine Goesta Ljungman, Business Ombudsman of Ukraine Marcin Święcicki, Minister of Economic Development, Trade and Agriculture Ihor Petrashko, Minister of Finance Serhii Marchenko and others.
The Prime Minister stressed that the Government is advancing step by step in the reform of corporate governance. In particular, it continues to work with the EBRD and the OECD to finalize a bill to improve corporate governance in the public sector.
"Our objective: to improve the management of state-owned enterprises is one of the goals of the Government's Action Program for this year and for the long-term strategic perspective. We rely on the best world practice, which will bring significant benefits to the Ukrainian economy," the Prime Minister stressed.
During the meeting, the issue of voluntary insurance of the liability of heads and members of supervisory boards of state-owned enterprises was considered. In the near future, the Ministry of Economic Development, Trade and Agriculture is to present a draft resolution that will regulate this issue.
Apart from that, basing on the results of joint work with the OECD and the EBRD, public authorities and state-owned companies, the Ministry of Economic Development, Trade and Agriculture plans to submit a draft law on improving corporate governance to the Government for consideration by the end of the year.