Gov't improves public investment planning
The Cabinet of Ministers of Ukraine has approved amendments to the procedure for developing the Medium-Term Plan for Priority Public Investments, as prepared by the Ministry of Economy, Environment and Agriculture. The goal is to make the public investment planning process as transparent, predictable, and effective as possible.
Clear priorities: The list of sectors and subsectors for investment is being updated. Proposals for the medium-term plan will now be submitted in the form of ranked lists, thereby increasing the efficiency of funding for the areas most critical to the state.
Results come first: Clear requirements for targets and performance indicators are being introduced: every hryvnia of investment must be justified and ensure a predictable outcome.
Process synchronization: The deadlines and procedure for preparing the plan are being clarified. This will ensure timely and predictable decision-making and avoid delays in funding strategic projects.
Adopting these changes will enable the creation of a unified, logical system: from strategic goals to specific projects implemented on time and within budget. This is another step toward improving the quality of public administration and the effective use of resources for Ukraine’s reconstruction.