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  • Corporate governance reform will be prolonged, says Denys Shmyhal
    Communications Department of the Secretariat of the CMU, posted 30 July 2020 16:22

    The Prime Minister Denys Shmyhal held a working meeting with members of the Nomination Committee on the appointment of managers to the major state-owned enterprises in the format of a video conference. The meeting was attended by Chairman of the Committee Jason Pellmar, Managing Director of the EBRD in Eastern Europe and the Caucasus Matteo Patrone, Resident Representative of the IMF Office in Ukraine Goesta Ljungman, Business Ombudsman of Ukraine Marcin Święcicki, Deputy Minister of Economic Development, Trade and Agriculture Svitlana Panaiotidi and others.

    During the meeting, Denys Shmyhal stressed that the Government is interested in the successful completion of the reform to improve the management of public sector enterprises.

    "We have taken a number of steps and will prolong our efforts to improve the progress that has already been achieved in implementing this reform. There is a desire on the part of the Government, the President and the relevant ministers to continue this reform," the Prime Minister stressed.

    In particular, the Head of the Cabinet of Ministers added that on July 29, a Government order had been issued to prepare and bring the fifteen major state-owned enterprises to OECD (Organization for Economic Cooperation and Development) standards.

    Moreover, the Prime Minister commented on the situation with salaries for managers and members of supervisory boards of state-owned enterprises.

    "Back in April, the Verkhovna Rada adopted a decision limiting wages for officials at all levels, as well as for members of supervisory boards up to 10 minimum salaries. This decision was made for the entire quarantine period. The Government has no authority to repeal the law. It is impossible for the Government to terminate quarantine, as the number of confirmed cases is growing and the epidemic is gathering pace," the Head of Government noted.

    Corporate governance reform will be prolonged, says Denys Shmyhal