Ukraine has to conduct certain reforms to get 600 mln Euros from the EU

Source : 112 Ukraine

The full sum of the loan makes 1.2 bilion, but Brussels agreed to pass half of the sum instantly after the deal was signed on July 23
13:27, 24 July 2020

EU-Summit 2020 is scheduled for October 1

In order to get 600 million Euros of loan from the EU, Ukraine is supposed to complete a number of reforms in the judiciary and anti-corruption areas. This is stated in an article by Yevropeiska Pravda

"On Thursday, July 23, Ukraine and the EU have officially approved the agreement on macrofinancial aid, the loan for the sum of 1.2 billion Euros. Brussels agreed to transfer half of the sum instantly, but to get another 600 million, Ukraine needs to complete a number of reforms", reads the message.

Ukraine is now obliged to completely reboot the work of Supreme Evaluiation Committee of Judges. The selection of judges must be performed by the special contest commission with international participants in it. A Committee for Ethics and Morality should be created in the judiciary system; it will focus on the reboot of the Supreme Council of Justice. The newly created authority should also include foreign experts.

Besides, Ukraine is supposed to complete the evaluation of prosecutors of regional level, and start the process on the local level; to cease the practice of the so-called coronavirus contests, when prosecutors were applied to offices without a contest, and to fill in the offices where people were assigned on a temporary basis.

The Cabinet is obliged to reform the tax and customs administration, to perform a full-fledged contest selection of leaders of these offices. Structure changes in these offices are aso in order.

Related: Ukraine should carry on with reforms to get EU macrofinancial aid, - official

The government is supposed to eliminate the tax police, but instead, the Parliament must pass the law on a new, politically independent agency for investigation of serious economic and financial crimes, with clear distinct borders of competence between this new agency, the National Police and the State Security Service of Ukraine. The new body could be the Bureau of Financial Investigations or something like that.

Moreover, the Healthcare Ministry has to pass the entire centralized procurement of medications, medical devices and personal protection devices to the newly created state enterprise "Medical Procurement of Ukraine", This does not, however, apply to the procurements performed via specialized procurement organizations.

The Cabinet is obliged to carry on with the reform of the system of corporate management of state enterprises.

Prime Minister Denys Shmygal assumed that the conditions could be achieved by early 2021. However, the EU believes Kyiv could do so even sooner, by the end of 2020.

Related: EU provides Ukraine with 11.5 million euros to support public administration reform


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