On August 22, the Government endorsed a decision on signing additional agreements to the Agreement on the fulfillment of tasks in the sphere of development between the Governments of Ukraine and the United States signed on September 17, 2014 to step up transparent governance and to ensure sustainable economic development. The relevant documents were drafted by the Ministry of Economic Development and Trade of Ukraine in connection with the intentions of the U.S. government to provide additional funds for the implementation of the goals enshrined in the Agreement.
Thus, the total amount of technical assistance targeted for the abovesaid targets as part of the agreement, taking into account additional funds, will make up more than $139 million.
An additional agreement on assistance in reforming governance will ensure the allocation by the U.S. government of additional funds in the form of technical assistance worth over $23.6 million. Financial assistance will be aimed at improving the legislative environment in line with European standards, improving civil oversight and citizen participation in governance processes, and as well as increasing the level of accountability of the Government to Ukrainian citizens and the rule of law.
The total amount of technical assistance under this agreement, taking into account additional funds, will be to the tune of $62 million.