A constituent conference of the Regional Advisory Group of the Financial Stability Council (FSC) for CIS area has been conducted in Moscow on January 30, 2012.

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On January 30, the Ministry of Finance of Ukraine held a round table discussing the State Budget of Ukraine Forecast for 2013 and 2014 chaired by Valeriy Khoroshkovskyi, Minister of Finance.

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Aiming to provide better social protection, the state should takes account for the level and prospects of its economic development.

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Total 2011 consolidated budget revenue has been 398,310.4 million UAH, which 83,804.1 million UAH, or 26.6 percent exceeds the 2010 figures.

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The Ministry of Finance Is Monitoring the Progress of the 2012 Local Budgets Approval

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Among Ukraine's systematic and large-scale reforms, one of the budget reform priorities in terms of regional development and intergbudget relations defined by the introduction of special-purpose method (SPM) for planning local budgets.

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Based on the 2011 performance, and within the framework of the 2011 National Action Plan implementing the 2010-2014 Economic Reform Program in the area of the "Tax System Reform", Communications Department (Press Office) of the Ministry of Finance is informing of the following.

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This January 19, 2012, Prime Minister of Ukraine Mykola Azarov introduced Valeriy Khoroshkovskyi, the newly appointed Minister, to the staff of the Ministry of Finance.

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On January 13, the Ministry of Finance of Ukraine held its Collegium meeting chaired by Finance Minister Fedir Yaroshenko attended by heads of authorities that the Minister of Finance of Ukraine directs and coordinates, MPs of Ukraine and other members of the Collegium, as well as senior staff of the Ministry of Finance.

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Out of the 692 local budgets to be approved by no later than January 11 this year (inclusive), 690 budgets have been approved, or 99.7%.

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On January 13, the Ministry of Finance of Ukraine has held its Collegium meeting having summarized the 2011 performance outcomes and outlined perspective strategic plans.

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