04.07.2022
On 30 June 2022, CASE Ukraine think tank held a discussion on the topic of How to Improve Performance of Public Expenditures. The Role of the Accounting Chamber. The event featured Chair of the Accounting Chamber Valeriy Patskan and was moderated by CASE Ukraine Executive Director Dmytro Boyarchuk.
Keynote Points:
- Most of the national budget is currently earmarked for social expenditures and defence. The cabinet approved a decision to sequester expenditures in 2022 by UAH165 billion.
- Three ways to reshape budget funds: 1) Compare the target costs vs. the actual ones and forward the non-appropriated funds to the most high-demand areas; 2) Review all the budget programmes and re-route funds onto purchases of primary-need goods and services; 3) Analyse the cost structure of each budget target: assess potential risks and analyse cost appropriation.
- Rationality in the spending of budget funds is necessary. Every ministry and institution have to submit their proposals on expenditure spending.
- The Accounting Chamber observes the standards of international partners and has identified its course of action along the lines of: judiciary aspects, identification of the size of reparations, implementation of international projects, transparent spending of national budget funds for the recovery and restoration of Ukraine.
- Sectoral analyses on excise duties, taxes, the agrarian sector, direct damage from the war have been started.
- The Accounting Chamber is a partner of government institutions involved in the provision of recommendations on efficient use of public expenditures for administrative decisions-making.
- Increasing the institutional independence of the Accounting Chamber is among the priority legislative changes. A strong, independent audit authority will mean the strong Ukraine and the worldwide respect of the nation.
Transcript of discussion (please follow the link)