Reforming public investment management in Ukraine: An analysis of Ukraine’s Single Project Pipeline

by Bankwatch, Ecoaction

Public investment management in Ukraine is in urgent need of reform. Efficient use of state budget resources and strong relationships with potential donors and international financial institutions are essential. Ukraine has begun planning public investments through its reformed Public Investment Management System, jointly developed with international partners. Moving forward, public investment management reform must meet Ukraine’s EU accession requirements from the outset.

This report assesses the state of public investment management in Ukraine during the current transitional phase as well as the quality of project concepts within the Single Project Pipeline across five sectors of economic activity: transport services; energy and extractives; water, sanitation and waste management; industry, trade and services; and agriculture, fishing and forestry.

This sectoral analysis examines the extent to which these project concepts comply with existing national development strategies by identifying gaps, contradictions, and shortcomings in submission, prioritisation and evaluation.