Strengthening the funding landscape and recovery financing in Ukraine

Ukraine
KfW, 2026 - 2027

The project strengthens the institutional capacities of Ukraine’s Ministry of Finance (MoF) and Business Development Fund (BDF) to manage recovery financing and support the country’s EU accession process. As consortium lead, GFA coordinates technical assistance to improve the management, monitoring and allocation of national and international recovery funds. Key activities include developing IT solutions for financial monitoring and oversight, introducing EU-aligned sustainability reporting standards and establishing methodologies to measure the impact of government and donor-funded programmes, particularly those supporting access to finance for SMEs.

For the BDF, the project supports the institutional reform process *Vision BDF 2.0*. A key deliverable is a Management Information System (MIS) that automates core workflows, improves the management of funding programmes and enables secure data exchange with financial institutions and the MoF. The project also develops monitoring and impact assessment tools for BDF funding programmes and trains staff in their application. These measures aim to improve financial oversight, strengthen coordination between the MoF and BDF and establish the digital infrastructure needed to manage recovery financing more efficiently.

PROJECT IS PART OF

Public Finance Policy And Reform

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