Committees at pit stop

Information Department of the Verkhovna Rada of Ukraine Secretariat
29 May 2017, 18:00

     Committee on Budget

The committee recommends to accept it on the first and second readings a draft bill amending the state budget for 2017 regarding local election financing. Bill draft No.6431 offers a substantial rise in state spending on the central election commission through some budget programs and redeployment in allocated funds. It is noteworthy the changes offered are well balanced. The Ministry of Finance of Ukraine tables it for review. In spite of some procedural questions the committee has approved the bill to be recommended to the Parliament for acceptance on the second reading with some few committee’s prompts.

Committee on Financial Policy and Banking

The committee moved through over 1000 amendments to the insurance law having resulted in draft bill No.1797-1, which is now still under consideration. The committeemen stressed that the law was so tricky thing that the committee had been working for years over it. And at the last lap of the run the World Bank’s experts have even teamed up.