The EU’s Public Financial Management Support Program for Ukraine (EU4PFM Project) has been working since 2018 to strengthen the public financial management system in Ukraine.
The program aims to improve the quality of public service delivery, create a more favorable business environment, and increase Ukraine’s resilience in response to the urgent needs of the authorities arising from Russia’s full-scale war against Ukraine.
The beneficiaries of EU4PFM are the Ministry of Finance of Ukraine, the Ministry of Economy of Ukraine, the State Customs Service of Ukraine, the State Tax Service of Ukraine and the Accounting Chamber of Ukraine.
The EU4PFM program has 5 components:
Component 1. Modernization of the budget process, strengthening control and accountability
Component 2. Public procurement
Component 3. Revenue mobilization
Component 4. Horizontal functions and management
Component 5. External audit and parliamentary oversight
