Public Investments: A Good Idea Drowning in Bureaucracy

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On 14 May, the Ukrainian government published a set of procedures regulating the preparation, submission, and implementation of public investment projects and programmes, approved earlier on 28 February 2025 (Cabinet Resolution No. 527). These include:

Procedures for preparing public investment projects and programmes;

Procedures for assessing them;

Rules for forming unified and sectoral project portfolios at national, regional, and local levels;

Procedures for implementation across all governance levels.

 

Earlier, the government also adopted:

Procedures for developing and monitoring the Medium-Term Plan of Priority Public Investments (Resolution No. 294);

Regulations for the Interagency Commission on Public Investment Allocation and the distribution of state budget funds (Resolution No. 232).

The next step is to understand how these frameworks will function across all levels of governance and what stages and processes are involved in forming and implementing public investment portfolios.

Read the complete text in Ukrainian here: https://polaris.org.ua/novyny-ta-zakhody/novyny/novyny/publichni-investytsii-harna-ideia-iaka-tone-v-zarehulovanosti

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