EU4PFM Phase III launched to support Ukraine’s EU accession path

On 11 June, the European Union and Ukraine launched the third phase of the EU Public Finance Management Support Programme for Ukraine (EU4PFM), building on seven years of cooperation in modernising public finance institutions and advancing Ukraine’s European integration. 

The launch event brought together senior representatives of the Ukrainian government, the European Union, EU Member States, and implementing partners to review the Programme’s achievements and priorities for the next phase of support.

Opening the event, EU Ambassador to Ukraine Katarína Mathernová spoke about the importance of public finance management reforms for Ukraine’s EU accession process and long-term resilience.

“Despite wartime realities, Ukraine continues to advance deep and complex public finance reforms at a remarkable pace. What we see today is a reform process that is steadily embedding European standards into the core of Ukraine’s governance system,” Mathernová  said. “The European Union remains fully committed to supporting this effort as Ukraine moves forward on its European path.”

“As Ukraine approaches the opening of the first negotiation cluster, we are entering a new phase of the accession process. This milestone reflects the reforms Ukraine continues to deliver, even under the conditions of a full-scale war,” said Deputy Prime Minister Taras Kachka. “Strong public institutions, transparent management of public resources, effective customs and tax administration, and robust accountability mechanisms are all essential foundations of EU membership.” 

Since its launch in 2018, EU4PFM has become one of the European Union’s flagship programmes supporting public finance management reforms in Ukraine. Across its previous phases, the Programme has supported the modernisation of key public finance institutions, strengthened governance and accountability systems, and advanced Ukraine’s gradual alignment with EU standards.

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