Feedback from the public

ESR

2.4.1.2. The functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy have been segregated

Problem solving:

2.4.1. The existing governance model at public sector entities is ineffective, resulting in losses and corruption

Deadlines for all measures within ESR

01.07.2024 - 31.07.2025

Implementation of SACP measures within ESR

Total number of measures – 3
1 2
In progress Not started

Implementation of SACP measures within the scope of the Problem by main main performers

Ministry of Economy of Ukraine

0%
3

Summarized general information on Measures

Name of the measure The main implementer Co-implementors Performance indicator Monitoring results (latest) Статус
1 2.4.1.2.1 Preparing an analytical report containing analysis of:
1) international standards and best practices in matters of segregation of the functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy;
2) the relevant international experience in matters of segregation of the functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy;
3) the national context of the operations of business entities in the public sector of the economy and segregation of the functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy;
4) the feasibility and expediency of creating a centralized body for coordination of ownership;
5) the operating principles of the administration of the centralized ownership coordination authority, particularly as a way to prevent it from being subjected to political influence (if creating the administration of the centralized ownership coordination authority has been found to be expedient)
Ministry of Economy of Ukraine The analytical report has been prepared and made public.
Implementation of the measure has started on time
In progress
2 2.4.1.2.2 Discussing the report indicated in subclause 2.1.3.2.2 with the participation of representatives of government agencies, NGOs, international organizations, participants of international technical assistance projects, and the academic community Ministry of Economy of Ukraine The report has been discussed. Not started
3 2.4.1.2.3 Drafting and submitting to the Cabinet of Ministers of Ukraine a draft law proposing to segregate the functions of the owner, the regulator, and the policymaking agency with respect to business entities in the public sector of the economy, taking into account the outcomes of the activities indicated in subclauses 2.4.1.2.1 and 2.4.1.2.2 Ministry of Economy of Ukraine The draft law has been submitted to the Parliament of Ukraine. Not started

Indicators of achievement of ESR

Total number of indicators – 3

Indicators fully achieved – 0

Partially achieved indicators – 0

Indicators with a score of 0% – 3

Summarized general information about Achievement Indicators

Indicators Weight (%)
1 an analytical report has been prepared and made public, which contains analysis of:
a) international standards and best practices in matters of segregation of the functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy (6 percent);
b) the relevant international experience in matters of segregation of the functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy (6 percent);
c) the national context of the operations of business entities in the public sector of the economy and segregation of the functions of the owner, the regulator, and the agency shaping the policy applicable to business entities in the public sector of the economy (6 percent);
d) the feasibility and expediency of creating a centralized body for coordination of ownership (6 percent);
e) the operating principles of the administration of the centralized ownership coordination authority, particularly as a way to prevent it from being subjected to political influence (if creating the administration of the centralized ownership coordination authority has been found to be expedient) (6 percent)
30%
2 a law has taken effect, which segregates the functions of the owner, the regulator, and the policymaking agency with respect to business entities in the public sector of the economy, taking into account the recommendations outlined in the analytical report and the results of the discussion with stakeholders. 35%
3 at least 80 percent of experts on the regulation of the economy and businesses estimate that:
a) the legislatively prescribed segregation of the functions of the owner of state-owned enterprises, the regulator, and the policymaking agency effectively eliminates conflicts among these functions either completely or for the most part (15 percent);
b) in practice, the functions of the owner of state-owned enterprises, the regulator, and the policymaking agency are segregated and are not in conflict with one another (20 percent).
35%

Key sources of assessment:

Additional sources of information: