EU4PFM Ukraina 2019-2024 EU4PFM Ukraine 2019-2024 This decision concerns the Swedish contribution to the EU Action Public Finance Management Support Programme for Ukraine (EU4PFM). The overall Action is 55 MEUR and has four different components to be implemented by Sida, CPMA of Lithuania, the World Bank and IMF. Sida will manage a part of Component 1 activities, in particular, those related to the strengthening of the capacities of national Ukrainian institutions regarding medium-term budgeting, program-based budgeting, spending reviews, fiscal impact assessment, macroeconomic forecasting, liquidity management and public accounting, as well as modernisation of IT software for budget process and public accounting. The beneficiaries of Sida support will be the Ministry of Finance, the Ministry of Economic Development and Trade of Ukraine, and Treasury. Most part of the activities will be implemented through a contracted contractor. Beslutet gäller det svenska bidraget till EU:s stödprogram för Ukraina EU4PFM (EU Action Public Finance Management Support Programme for Ukraine). Stödprogrammet har en total budget om 55 MEUR och består av fyra olika komponenter som ska implementeras av Sida, Litauiska CPMA (Central Project Management Agency), Världsbanken och IMF. Sida kommer att ansvara för en del av aktiviteterna under komponent 1, de som rör utveckling av nationella institutioners kapacitet på området budgetering på medellång sikt, programbudgetering, utgiftsöversyn, skattemässig konsekvensbedömning, makroekonomiska prognoser, likviditetsförvaltning och offentlig redovisning liksom modernisering av IT-programvaror för budgetprocesser och offentlig redovisning. Sidas stöd kommer att gå till Finansministeriet, Ministeriet för ekonomisk utveckling och handel samt skattemyndigheterna. Huvuddelen av aktiviteterna kommer att upphandlas genom ett upphandlad entreprenör. This is the conclusion on performance for the period January-December 2020. The  conclusion on performance for 2019 was covered by the Major Amendment to Contribution - Decision on Additional Funding UKR37/2019 as of 12 December 2019.  
Project information is provided below.
The beneficiaries of the project are the Ministry of Finance, Ministry of Economic Development and Trade, and Treasury. In particular, the project aims to strengthen the capacities of relevant national partners in mid-term budgeting, program-based budgeting, performing spending reviews, fiscal impact assessment, macroeconomic forecasting, liquidity management and public accounting.
The Expected Results were updated after the scoping mission commissioned by the Embassy in February-April 2019. The purpose of the mission was to define the scope for the 2 new components for Sweden on liquidity management and public accounting, as well as to update the scope for previously defined components. Detailed work tasks are listed in ToR for procurement, and expected results are listed in Results matrix that will be updated after the Inception Phase.
The intervention logic of the contribution can be summarized as follows:
Overall objective of EU4PFM program: Improve performance in core systems of public financial management (PFM).
Specific objectives of Component 1 implemented by Sweden: Provide assistance to the Government of Ukraine in the implementation of the PFM Strategy 2017-2020.
Expected results:
Component 1 – Budget planning
1.1. Improved medium-term budget planning.
1.2. Improved programme-based budgeting.
1.3. Preparation and implementation of spending reviews.
1.4. Establishment of process for, and conduct of, fiscal impact assessments.
Component 2 – Macroeconomic forecasting
2.1. Improved capacity for macroeconomic forecasting (MEDT).
2.2. Improved capacity for macroeconomic forecasting and impact analysis (MoF).
Component 3 – Liquidity Management 
3.1. Improved capacity in cash and liquidity management.
3.2. Improved coordination of cash, liquidity and debt management.
Component 4 – Public Sector Accounting 
4.1. Updated national public sector accounting standards (NPSAS).
4.2. Proposal for improvement to organisational arrangements of government accounting services.
4.3. Preparation of consolidated financial statements.
Other PFM thematic areas (upon request)
During the Inception Phase and/or during the course of implementation of the Project, additional PFM thematic areas may become a priority for the beneficiary institutions and be considered by the Project.
Such areas may include but not limited to: strategic planning; public investment management; revenue forecasting; sector-specific expertise in planning and budgeting in inter alia education, health, agriculture, energy, transportation etc.; information technology to support and automate PFM processes and systems.