The European Commission completed the formation of the «Ukraine Facility» Audit Board, which included three specialists in financial control and management. About this reported press service of the Ministry of Economy of Ukraine.
The Audit Council created by the European Union will work until the end of June 2028. Its main goal is to ensure the transparency and efficiency of the use of financial assistance provided within the framework of the «Ukraine Facility» program. This initiative provides for the allocation of 50 billion euros to support the budget of Ukraine until 2027.
The Council includes Professor Marek Bielka, who headed the National Bank of Poland and specializes in macroeconomics and financial management, Heus de Vries, an expert in the field of audit and control with experience in EU financial institutions, and Gunnar Welzholz, a financial management specialist who worked in international organizations.
The Council’s work will include regular visits to Ukraine and cooperation with the government and international partners. To coordinate its activities, a Secretariat was created in Kyiv, consisting of specialists in the field of management, control and audit. In the near future, the Council will begin an assessment of the financial control system. The European Commission will inform about the results of its work and publish the conclusions and recommendations of the Council.
