11 June Phase III of EU4PFM, the EU's Public Finance Management Support Programme for Ukraine was launched

€25 million to make every hryvnia of public money work transparently and efficiently

Today, we officially launched Phase III of EU4PFM, the EU's Public Finance Management Support Programme for Ukraine. It will help Ukraine deliver the reforms needed for EU accession, recovery and resilience.

What does sound public finance management look like in practice?

transparent budgets and public spending;

efficient tax and customs systems aligned with EU standards;

accountable management of reconstruction funds.

These reforms ensure the €50 billion Ukraine Facility and the €90 billion Ukraine Support Loan deliver their full impact.

EU4PFM Phase III is a Team Europe effort - implemented by CPVA Lithuania, Expertise France and Solidarity Fund PL, in close partnership with Ukrainian institutions.