Minister of Finance of Ukraine Olexandr Danyliuk took
part in a regular joint review of the World Bank portfolio for Ukraine.
While revising the Minister stressed the importance of the participation
of the World Bank in the reform process aimed at modernizing and restructuring of
the national economy, in particular, the introduction of new approaches to
budget planning in the framework of a public financial management reform,
changes in the system of social protection and health care and so on.
It is worth
noting that during such considering of the project portfolio the process of
implementation of joint projects is discussed and further steps agreed to ensure
efficacy of their realization.
the participants of such meeting tackle the state of implementation of the preliminary
approved Action Plan on the introduction of a portfolio of investment projects
in Ukraine and approve the Action Plan for the next half-year.
and systematic monitoring of the project implementation enhances the
effectiveness of cooperation with the International Bank for Reconstruction and
Development (original World Bank institution), in particular, facilitates an
increase in volumes of allocated on projects funds and accelerates their
implementation, as well as finding a solution to the problems which occurred in
the process of the project implementation.