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Ukrainian govt approved draft laws on Fiscal Service reform necessary for cooperation with IMF

Ukrainian govt approved draft laws on Fiscal Service reform necessary for cooperation with IMFThe Cabinet of Ministers has approved draft laws on the reform of the State Fiscal Service of Ukraine necessary for the fulfillment of conditions of cooperation with the International Monetary Fund.

"The relevant bills will help transform the Fiscal Service from a supervisory authority to a customer service, as well as ensure the fulfillment of obligations in the framework of cooperation with the IMF," reads a posting on the website of the Finance Ministry.

According to the ministry, previously the Cabinet has already approved these bills, however, after the formation of the new government they were withdrawn from the parliament and after repeated approval will be again sent to the parliament.

Read also: Ukrainian govt approved draft of Agreement with EU for decentralization program

The Cabinet, in particular, approved a bill to establish a single territorial authority of the State Fiscal Service at the regional level, which will subordinate customs and tax authorities, that will enable to optimize the territorial bodies of the service and reduce the number of employees (No. 2177a, the bill on amendments to the Customs Code concerning the optimization of the territorial bodies of the State Fiscal Service).
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