Oleksii Movchan, the Deputy Chairman of the Committee on Economic Development, traditionally informs about the work of the Committee in the weekly digest of legislative initiatives.
“Last week was marked by a historic event – the Verkhovna Rada of Ukraine adopted the draft law reg. No. 5593-d, on which we have been working fruitfully with various experts, including international ones, and with our colleagues from the Committee on Economic Development over the past few years.
The draft law was adopted in the first reading back in 2021. To prepare it for the second reading, my team and I worked on a number of amendments and adapted its text to OECD standards.
And now, finally, the reform will work – the Law has been adopted. I am grateful to my colleagues for their support and to the large team for their efficient work!”
Oleksii Movchan also informs about his participation in the meeting of the thematic subgroup on municipal asset management under the Reform Coordination Mechanism.
During his speech at the event, he explained the importance of improving the legislation in the field of municipal property management and introducing corporate governance at state-owned and municipal enterprises in accordance with the best European practices. All of this is a continuation of the major reform introduced by the draft law reg. № 5593-d.
It should be recalled that the Coordination Mechanism for Reforms was created by the USAID SOERA project. It is aimed at assisting the Government of Ukraine and other key stakeholders in advancing the reform of state-owned enterprises. Meetings are planned to be held once a month.
The Committee on Economic Development continues to work on the draft laws it has been assigned to review.