News

Today, April 22, 2024, Ukraine, as a member of the Convention on a common transit procedure, transits to the application of NCTS Phase 5. This obligation was a condition of Ukraine's accession to the Convention.

The EU4PFM Study Visit to Prague concluded with a focus on strengthening Public Internal Financial Control (PIFC) practices in Ukraine.

Today, EU4PFM, within its Component 1: Budget Process Modernisation, started a Study Visit to the Czech Republic.

A demonstration of a prototype of the novel system for handling large datasets in transfer pricing recently took place—an automated IT system designed to analyze transfer pricing risks.

The EU Project "Support to Public Procurement Reform in Ukraine" underwent restructuring on January 1st and joined the EU4PFM Project as Component 2: Public Procurement.

This Q&A rubric provides a structured overview of the principles and steps involved in consolidating the financial statements of a country's entire public sector. It outlines the key considerations and processes essential for achieving accurate and transparent reporting in governmental financial consolidation.

As long as there is a demand for counterfeit products, there will always be counterfeit goods. The danger of counterfeit goods is addressed in a new video from the State Customs Service developed with the support of EU4PFM.

The State Customs Service intends to modernize a substantial portion of its customs procedures by incorporating new IT solutions. This encompasses both internal customs processes and virtually all services. Concurrently, new customs procedures are being introduced as part of Ukraine's commitments to European integration. The rollout of a comprehensive suite of new IT products necessitates a fresh business support solution to promptly resolve issues and furnish businesses with essential information regarding the new services and processes.

After a successful 6-month pilot project, the Automated Information System for Online Interaction with Spending Units of the State Budget (AIS "GRK-WEB") of the Ministry of Finance has become operational. 

On 21 March, the WTO Committee on Government Procurement held an information-sharing workshop in Geneva for countries that are parties to the Government Procurement Agreement (GPA).