Ukraine Establishes Project Office to Carry Out Reforms

KIEV (Sputnik) – Among the objectives of the project office is developing proposals for public finance reform, involving experts and coordinating with working groups on their implementation, discussions and monitoring.

"To ensure the rapid and effective implementation of reforms a project reform office in the Ministry of Finance has been established, which will be led by adviser to the Minister of Finance Jana Buhrimova," the ministry said.

"The main objective of the project office is to support and coordinate the reform process implemented by the Finance Ministry, as well as to provide quality advice on how best to implement these changes. In fact, we have established a strategic transformation center at the Ministry, which will provide integrated support for deep reforms in the country," Finance Minister Oleksandr Danylyuk said.

Ukraine's economy has deteriorated since an armed conflict between Kiev and local independence supporters in the country's southeast escalated in April 2014.

Kiev is awaiting a third transfer from the International Monetary Fund under a four-year $17.5-billion bailout loan contingent on state reforms in the country.