The government has approved a new financial strategy for 2030: what it changes
25 February 21:26
The Cabinet of Ministers of Ukraine has approved the Strategy for Reforming the Public Finance Management System for 2026–2030 and approved an operational plan for its implementation. This was reported by the Ministry of Finance of Ukraine, according to "Komersant Ukrainian".
The document defines how the state plans to modernize the budget system, strengthen control over funds, and bring financial management closer to EU standards.
Why is this important now
Finance Minister Serhiy Marchenko called effective public finance management the foundation of trust among international partners and the ability to finance key priorities, from defense to social guarantees.
The Ministry of Finance emphasizes that the adoption of the strategy is a signal to the EU and donors to continue reforms even under martial law.
European integration context
The strategy is part of Ukraine’s commitments within the negotiation process for accession to the European Union. It was developed in accordance with the government’s roadmap for public administration reform and is linked to Cluster 1, “Fundamentals of the EU accession process.”
The document was prepared with the participation of international partners, taking into account comments from the European Commission and reform support programs.
Four key areas
The document provides for:
- European integration — harmonization of the financial management system with EU standards.
- Efficiency — rational use of budget funds during the war and reconstruction.
- Accountability — strengthening financial control and oversight.
- Resilience — the ability of the system to function in conditions of martial law and post-war recovery.
Along with the strategy, an operational plan has been approved — a list of specific steps, indicators, and deadlines.
Challenges of implementation
The reform will take place under martial law and a significant budget deficit. At the same time, Ukraine depends on external financing, which increases the requirements for transparency and control over expenditures.
The success of the strategy will be determined not only by the formal adoption of documents, but also by the actual implementation of the operational plan.
