Dec 11, 2024

New Project Launch: Public Financial Management and Central Banking Capacity Development of Ukraine and Moldova

Earlier this fall, we launched the Public Financial Management and Central Banking Capacity Development of Ukraine and Moldova project in partnership with the Slovenian Ministry of Foreign and European Affairs. The project focuses on strengthening the capacities of Ukrainian and Moldovan public officials in managing structural reforms, preparing the Economic Reform Programme (ERP) in alignment with European Commission guidelines, and advancing expertise in central banking practices.

As part of this initiative, we had the pleasure of hosting two study visits. In November, we welcomed a delegation from the Ministry of Finance of Ukraine to the CEF. This visit provided a valuable opportunity to explore key topics, including public financial management, central banking, and structural reforms. It served as a platform for the exchange of ideas, experiences, and best practices, supporting Ukraine in building resilient public institutions and addressing pressing financial challenges.

In December, we hosted officials from the National Bank of Ukraine. This visit continued the meaningful dialogue on public financial management and central banking practices. Ukrainian representatives engaged with our programs, shared experiences, and discussed strategies to navigate emerging financial challenges.

Our work has been further enriched by inputs from Bernard Brunet, who recently presented an Overview of Public Administration in Ukraine – State of Play and Challenges for Reforms report. His presentation outlined the current state of play, key policy priorities, and capacity development opportunities in Ukraine. It offered an eye-opening perspective into the challenges faced by a country, emphasizing the urgent need for targeted reforms and institutional resilience.

Through these collaborative efforts, we remain committed to fostering knowledge sharing and empowering public institutions in Ukraine and Moldova. By strengthening expertise and facilitating dialogue, we aim to support sustainable reforms and financial stability in the region.