Feedback from the public

Measure

2.4.1.5.5. Drafting and submitting to the Cabinet of Ministers of Ukraine the draft action plan to align the corporate governance system of business entities identified following the activities indicated in subclauses 2.4.1.5.1—2.4.1.5.4 with corporate governance standards of the Organization for Economic Cooperation and Development (hereinafter “the OECD”), which provides for, inter alia, the competitive selection of managers, heads of executive authorities, and members of supervisory boards of entities in the public sector of the economy, which has been suspended due to the institution of martial law, for the period beginning with 2023

Measure status:

Not started

The measure is aimed at achieving ESR:

2.4.1.5. Corporate governance standards have been introduced at public sector entities that are of strategic importance for the national economy and security or have the highest level of corruption risks, or are among the most important business entities in the defense industry (in particular, the right to terminate the contract with managers who violate anticorruption legislation or rules of ethical conduct has been established)

Problem solving:

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

Deadlines:

01.01.2024 - 30.06.2024

Responsible implementors (authorities):

The main implementer: Ministry of Economy of Ukraine

Sources of funding:

state budget

Volumes of financing (thousand UAH):

within the established budget allocations for the relevant year

Performance indicator:

The action plan has been approved by the Cabinet of Ministers of Ukraine.

Implementing status

Progress/Result of implementation:

Міністерством економіки України поінформовано, що виконання заходу не розпочато, після здійснення заходів, зазначених у підпунктах 2.4.1.5.1—2.4.1.5.4, буде розроблено та подано КМУ проект плану заходів щодо приведення системи корпоративного управління у суб’єктах господарювання, у відповідність із стандартами корпоративного управління Організації економічного співробітництва та розвитку.

Monitoring results (quarterly):

03.05.2024:
Implementation of the measure has not started
15.11.2023:
Implementation of the measure has not started

Key sources of assessment:

Additional sources of information: