On October 30, the Verkhovna Rada of Ukraine approved the draft law №10044-d on the reform of the Accounting Chamber. This decision was announced by Yaroslav Zheleznyak, a member of parliament from the «Voice» party, on his Telegram channel.
The Accounting Chamber is an independent body responsible for monitoring the use of state funds and ensuring transparency and accountability in government spending. However, in recent years, it has faced criticism for its lack of effectiveness and transparency. The proposed reform aims to address these issues and strengthen the role of the Accounting Chamber in Ukraine’s financial system.
One of the key changes in the draft law is the introduction of a new selection process for the members of the Accounting Chamber. Currently, the members are appointed by the President, which has been criticized for lacking transparency and allowing for political influence. Under the new law, a selection committee will be formed, consisting of representatives from civil society, the government, and the parliament. This committee will be responsible for selecting candidates based on their qualifications and experience, rather than political affiliations.
Another important aspect of the reform is the expansion of the Chamber’s powers. The draft law proposes to give the Accounting Chamber the authority to audit not only the use of state funds but also the activities of state-owned enterprises and other entities that receive state funding. This will increase the Chamber’s oversight and help prevent corruption and misuse of public funds.
The reform also includes measures to improve the transparency of the Chamber’s work. The draft law proposes to publish the Chamber’s reports and findings on its website, as well as hold public hearings to discuss its findings. This will allow for greater public scrutiny and involvement in the Chamber’s work.
The approval of the draft law by the Verkhovna Rada is a significant step towards strengthening the accountability and transparency of Ukraine’s financial system. The reform has been welcomed by civil society organizations and international partners, who have long called for changes in the Accounting Chamber.
In his statement, Yaroslav Zheleznyak emphasized the importance of the reform for Ukraine’s future. He stated, «The reform of the Accounting Chamber is crucial for our country’s development. It will help us build a more transparent and accountable government, which is essential for attracting investments and promoting economic growth.»
The positive response to the reform from various stakeholders is a testament to its importance and potential impact. The draft law will now be sent to the President for his signature, and it is expected to come into force in the near future.
In conclusion, the approval of the draft law on the reform of the Accounting Chamber is a significant step towards strengthening transparency and accountability in Ukraine’s financial system. The proposed changes will help improve the Chamber’s effectiveness and ensure that public funds are used for the benefit of the country. This reform is a positive development for Ukraine and a step towards a more prosperous and transparent future.
