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Improving Intergovernmental Fiscal Relations and Public Health and Education Expenditure Policy: Selected Issues
The Programmatic Public Finance Review (PFR) (in two phases) has the objective of addressing key issues in public finance that face Ukraine today and recommending options for reform within a consistent, and pro-growth, macro-fiscal framework. The PFR covers the following selected areas and issues: (i) the identification of options for broadening the tax base and improving compliance to allow gradually reducing the tax burden; (ii) the identification of options for achieving expenditure savings in selected areas of the budget; (iii) the estimation of the likely fiscal impact of key reforms to the pension system; (iv) the identification of weaknesses in the process of capital budgeting and the provision of options for its strengthening; (v) the identification of weaknesses (and incomplete reforms) in the intergovernmental fiscal framework and of options for its improvement; (vi) the identification of options for achieving higher levels of efficiency in public spending on health and education; and (vii) the evaluation of the process of local capital budgeting. The first four objectives were covered in PFR Phase I, and the latter three are covered in this report (PFR Phase II).Read More
Recent Analysis
Technical Regulations in Ukraine: Ensuring Economic Development and Consumer Protection- (June 2008) Ukraine can boast on the upside a vast number of well qualified specialists in MSTQ institutions. Its technical infrastructure is better than some of the neighboring countries, but lack of rationalizations (far too many laboratories in too many overlapping institutions) means that it is practically impossible to upgrade at the present stage. IFC released a report based on survey of Ukrainian businesses conducted in 2007 and on extensive analysis of legislation and practice in Ukraine and other countries.Read More
Ukraine: Poverty Update- (July 2007) Ukraine recorded one of the sharpest declines in poverty of any transition economy in recent years. The poverty rate, measured against an absolute poverty line, fell from a high of 32 percent in 2001 to 14 percent in 2004, and then again to 8 percent in 2005. The main cause was the rapid increase in labor productivity in recent years, driven by increased capital utilization following the initial output contraction of the early 1990s, and more recently, increased domestic and foreign investment.Read More
Ukraine Is Aging – Reforms Are Needed To Deal With The Consequences- (June 2007) The population of Ukraine is aging rapidly and its policies and institutions are ill-equipped to deal with the economic and social consequences of this development. This is the conclusion of the new World Bank report From Red to Gray: The “Third Transition” of Aging Populations in Eastern Europe and the former Soviet Union presented in Kyiv.Read More
Key strategies for further development of the health care in Ukraine- (Apr. 2007) This study aims to assist in the process of planning and coordination of a state policy, to provide specific guidelines to the Government of Ukraine for a systematic development of the healthcare sector over the next 10 years, as well as to help experts plan their further actions.The study was prepared by national Ukrainian experts with additional expert support from the World Bank and European Commission.Read More
Socioeconomic Impact of HIV/AIDS in Ukraine - (July. 2006) Ukraine's HIV/AIDS epidemic is among the fastest growing in Europe, and the Government must act quickly to prevent the potential dire economic and humanitarian consequences. Read More
Ukraine: Forestry Sector Note. Status and opportunities for development.- (March. 2006) The objective of the Note is to draw attention to a tentative agenda of key issues, and to inform discussion among forestry sector stakeholders regarding the needs, opportunities and options available to maintain and manage Ukraine’s forests for the benefit of all.Read More
Strengthening the VAT in Ukraine- (Dec. 2005) The paper evaluates the past and current performance of the VAT in Ukraine and urges substantial strengthening of tax policy and particularly of tax administration.Read More
Doing Business in Ukraine- (2005) Selected data provide a snapshot of the business climate in Ukraine by identifying specific regulations and policies that encourage or discourage investment, productivity, and growth.Read More
The Debate on the Elimination of Free Enterprise Zones in Ukraine- (Dec. 2005) Starting in 1999, Ukrainian authorities turned to the creation of free enterprise zones to attract technology and foreign investment. But the zones are not consistent with good practice and have come at the expense of improveming the business climate throughout the country.Read More
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Ukraine Economic update - is a series of periodic economic updates from Ukraine office of the World Bank. The purpose of the update is to disseminate the World Bank's medium-term economic forecasts for Ukraine, together with basic information on recent economic developments. The updates focus on broad economic trends, but do not provide day-to-day market commentary.
The Programmatic Public Finance Review (PFR) (in two phases) has the objective of addressing key issues in public finance that face Ukraine today and recommending options for reform within a consistent, and pro-growth, macro-fiscal framework. The PFR covers the following selected areas and issues: (i) the identification of options for broadening the tax base and improving compliance to allow gradually reducing the tax burden; (ii) the identification of options for achieving expenditure savings in selected areas of the budget; (iii) the estimation of the likely fiscal impact of key reforms to the pension system; (iv) the identification of weaknesses in the process of capital budgeting and the provision of options for its strengthening; (v) the identification of weaknesses (and incomplete reforms) in the intergovernmental fiscal framework and of options for its improvement; (vi) the identification of options for achieving higher levels of efficiency in public spending on health and education; and (vii) the evaluation of the process of local capital budgeting. The first four objectives were covered in PFR Phase I, and the latter three are covered in this report (PFR Phase II).
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