RESOLUTION OF THE CABINET OF MINISTERS OF UKRAINE

of April 24, 2019 No. 351

About approval of the Technique of assessment of fiscal risks

According to the paragraph to the second the Cabinet of Ministers of Ukraine decides parts one of Article 32-1 of the Budget code of Ukraine:

1. Approve the Technique of assessment of fiscal risks which is applied.

2. Determine that:

1) the Ministry of Economics, the Ministry of social policy, the Pension fund of Ukraine, Fund of state-owned property, Public service on emergency situations:

submit to the Ministry of Finance necessary information for carrying out overall assessment of fiscal risks according to the Technique approved by this resolution;

together with the Ministry of Finance shall take measures for minimization of impact of fiscal risks on indicators of the government budget;

2) the Ministry of Finance cooperates with National Bank and Fund of guaranteeing household deposits (under approval) concerning identification, assessment, monitoring and development of actions for minimization of fiscal risks.

3. The paragraph of the sixth of Item 15 of the Technique of assessment of the fiscal risks connected with activities of subjects of managing of public sector of the economy approved by the resolution of the Cabinet of Ministers of Ukraine of January 11, 2018 No. 7 (Official Bulletin of Ukraine, 2018, No. 8, Art. 309), to exclude.

Approved by the Resolution of the Cabinet of Ministers of Ukraine of April 24, 2019 No. 351

Technique of assessment of fiscal risks

General provisions

1. This Technique establishes the mechanism of determination of possible cost impact of fiscal risks on indicators of the government budget and determines types of fiscal risks which are subject to assessment, the bodies responsible for carrying out such assessment, procedure for its carrying out, measure for minimization of fiscal risks.

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