Ministry of Finance of Ukraine (MOF)

Role

MOF is a body of the executive power, responsible for the budget policy and creation of conditions for the stable development of the economy through effective management of the state finances according to the principles of balance, efficiency, impartiality, integrity, stability and transparency.

Detailed information

MOF is instrumental in conducting the state borrowing policy on the international and local financial markets as well as designing and implementing the state tax policy to ensure favourable conditions for investment in climate change mitigation and adaptation measures.

MOF:

  • implements budget policy (ensuring predictability, transparency and balance of budget policy for the medium-term perspective and allocation of resources in accordance with state development priorities);
  • conducts cooperation with international financial organizations, foreign states and banks;
  • manages debt policy as well as tax and customs policy with the view to ensure achievement of strategic goals of sustainable economic development of the country.

Work on Ukraine Facility, CO2 tax, CBAM