Ministry of Finance (Ukraine)

{{Short description|Government ministry of Ukraine}}

{{Infobox government agency

|agency_name = Ministry of Finance
of Ukraine

|nativename = Міністерство фінансів України

|nativename_a =

|nativename_r =

|logo = File:Ministry of Finance of Ukraine UA logo.svg

|logo_width = 200px

|logo_caption =

|formed =

|date1 =

|date1_name =

|date2 =

|date2_name =

|preceding1 =

|preceding2 =

|dissolved =

|superseding =

|jurisdiction = Government of Ukraine

|headquarters = 12/2 Mykhailo Hrushevsky Street, Kyiv

|latd =

|latm =

|lats =

|latNS =

|longd =

|longm =

|longs =

|longEW =

|employees =

|budget =

|minister1_name = Serhiy Marchenko{{cite web | title=Нардепи провалили призначення нових міністрів: фінансів та МОЗ | website=Українська правда | date=30 March 2020 | url=https://www.pravda.com.ua/news/2020/03/30/7245728/ | language=uk | access-date=2 April 2024}}{{cite web | title=Parliament rejects appointment of former deputy head of presidential administration Marchenko as finance minister | website=Interfax-Ukraine | date=30 March 2020 | url=https://en.interfax.com.ua/news/general/650971.html | access-date=2 April 2024}}

|minister1_pfo = Minister of Finance of Ukraine

|minister2_name =

|chief1_name =

|chief1_position =

|parent_agency =

|child1_agency = State Treasury Service

|child2_agency = State Customs Service

|child3_agency = State Tax Service

|child4_agency = State Service for Financial Monitoring

|website = {{URL|http://www.minfin.gov.ua/en|minfin.gov.ua}}

|footnotes =

}}

The Ministry of Finance of Ukraine ({{langx|uk|Міністерство фінансів України}}) is the ministry of the Ukrainian government charged with developing and implementing national financial and budget policies, and with defining national policies in customs and taxation. The ministry is responsible for ensuring that the state has enough resources to perform its functions and that financial policies promote economic growth.

Role

Specific responsibilities of the ministry include:[https://www.minfin.gov.ua/page/polozhennja-pro-ministerstvo-finansiv-ukraini Положення про Міністерство фінансів України, затверджене постановою Кабінету Міністрів України від 20 серпня 2014 р. № 375]

  • regulating customs fees and tax collection;
  • regulating administration of Ukraine’s single social insurance tax;
  • defining state policy for combating violations of tax and customs law;
  • defining state policy for combating proceeds from crime and financing of terrorism; cooperating with the inter-governmental Financial Action Task Force (FATF) and other anti-money laundering international organisations ;
  • regulating issues related to financial control of public funds; monitoring compliance with accounting standards; administering lotteries; regulating securities issuances and certain precious metals and gemstone transactions;
  • analysing and forecasting public revenue, drafting mid-term Budget Declarations and annual Budget Laws;
  • coordinating implementation of the State Budget;
  • setting guidelines for budget planning; enhancing effectiveness of public financial management;
  • managing public and state-guaranteed debt;
  • regulating intergovernmental fiscal relations; approving within-country regional borrowing and provision of debt guarantees by local governments;
  • informing the general public about economic and fiscal policies of the state, as well as the results of implementing the state’s budget;
  • assessing financial viability of regional development projects;
  • development and management of state-owned banks;
  • defining and implementing national policy on development of financial services and non-bank financial institutions (e.g. insurers);
  • cooperating with the International Monetary Fund and other international financial organisations.

Senior leadership

class="wikitable"
scope="col" | Incumbent

! scope="col" | Position

! scope="col" | Portfolio

Serhiy Marchenko{{Cite web|url=https://mof.gov.ua/en/leadership|title=Міністерство Фінансів України|website=mof.gov.ua}}Minister of FinanceManagement of the Ministry
[https://mof.gov.ua/en/leadership Denys Uliutin]

|First Deputy Minister of Finance

|Inter-budgetary relations (state and local budgets), financing of security and defense, procuratorial authorities and separate  law enforcement, implementation of national programs of Ukraine-NATO cooperation

[https://mof.gov.ua/en/leadership Yuriy Butsa]State Commissioner for public debt managementCommercial borrowing, EU macro-fiscal support and World Bank guaranteed loans
[https://mof.gov.ua/en/leadership Alexander Kava]Deputy Minister of FinanceFinancing of infrastructure projects
[https://mof.gov.ua/en/leadership Roman Yermolychev]Deputy Minister of FinanceExpenditures of the budget of the humanitarian sphere, expenditures of the social sphere and authorities
[https://mof.gov.ua/en/leadership Svitlana Vorobei]Deputy Minister of FinanceEnsuring the activities of the Ministry in the field of tax and customs policy, verification of government payments
Olga ZykovaDeputy Minister of FinanceDevelopment and implementation of  unified state financial policy in the field of cooperation with foreign governments, foreign financial institutions, and international financial organizations.
[https://mof.gov.ua/en/leadership Yuriy Draganchuk]Deputy minister of finance of Ukraine for European integrationFinancial and customs policies, international cooperation and strategic planning in European integration, fuel and energy complex finance, property relations
[https://mof.gov.ua/en/leadership Oleksandr Hrubiian]Deputy Minister of Finance of Ukraine for Digital Development, Digital Transformations and DigitalizationDevelopment of digital transformations and digitalization
[https://mof.gov.ua/en/leadership Dmytro Samonenko]

|State Secretary

|Organisational development, HR management, information systems and technologies, administrative management

Structure

Minister of Finance:

  • Minister’s Office;
  • Department for Strategic planning and European integration;
  • State budget department;
  • Local budgets department;
  • Department for harmonization of state internal financial control;
  • Department of financial and economic affairs, accounting and financial reporting;
  • Department public and government relations;
  • Legal department;
  • Department for analysis and communications;
  • Internal audit department;
  • Anti-corruption department;
  • Mobilisation department;
  • Classified records office;

Deputy Minister, customs and taxation:

  • Department for taxation policy;
  • Department for database monitoring and verification of budget payments;
  • Department for revenue forecasting and accounting standards;
  • Department for assay control and strict accounting documents;

Deputy Minister, energy and fiscal risks

  • Department for fuel and energy;
  • Department for industrial expenditure;
  • Department for public debt management;
  • Department for fiscal risks management;
  • Department for cash management.

Deputy Minister, social and humanitarian affairs:

  • Department for management of expenditure in humanitarian sectors;
  • Department for management of expenditure in social sectors;
  • Department for management of expenditure of government agencies.

Deputy Minister, defense and security:

  • Department for management of expenditure on defense, state security and law enforcement.

Deputy Minister, financial policy and international cooperation

  • Financial policy department;
  • Department for international financial projects;
  • Department for international cooperation.

State Commissioner for public debt management:

  • Office of the State Commissioner for public debt management.

Acting State Secretary:

  • Department for Human resources and organizational management;
  • Department for submissions and procedural control;
  • Department of IT and information systems;
  • Administrative Office

Ministry agencies

There are several central executive agencies in Ukraine which report to the Cabinet of Ministers through the Minister of Finance.Presidential Decree of December 9, 2010 № 1085/2010 [http://www.president.gov.ua/documents/10852010-12181 «Про оптимізацію системи центральних органів виконавчої влади»] [On the optimization of the system of central executive bodies] These include:

  1. State Treasury Service;{{Cite web|url=https://zakon.rada.gov.ua/go/215-2015-%D0%BF|title=Про затвердження Положення про Державну казначейську службу України|website=Офіційний вебпортал парламенту України|accessdate=Oct 14, 2022}}
  2. State Tax Service;{{Cite web|url=https://zakon.rada.gov.ua/go/227-2019-%D0%BF|title=Про затвердження положень про Державну податкову службу України та Державну митну службу України|website=Офіційний вебпортал парламенту України|accessdate=Oct 14, 2022}}
  3. State Customs Service;
  4. State Financial Monitoring Service of Ukraine;{{Cite web|url=https://zakon.rada.gov.ua/go/466/2011|title=Про Положення про Державну службу фінансового моніторингу України|website=Офіційний вебпортал парламенту України|accessdate=Oct 14, 2022}}
  5. State Audit Service of Ukraine.{{Cite web|url=https://zakon.rada.gov.ua/laws/show/879-2019-%D0%BF|title=Decree of the Cabinet of Ministers of Ukraine of 20 October 2019 № 879|website=zakon.rada.gov.ua}}

Note: Prior to 10 September 2014, the list of executive agencies under the Ministry of Finance also included the State Assay Service. This agency was closed down as part of the Government’s initiative to streamline the structure of executive agencies. Functions in assay control were split between the Ministry of Finance (implementing state assay control policy) and the State Service for Food Safety and Consumer Protection (protecting the rights of consumers of precious metals and gems).{{Cite web|url=https://zakon.rada.gov.ua/go/442-2014-%D0%BF|title=Про оптимізацію системи центральних органів виконавчої влади|website=Офіційний вебпортал парламенту України|accessdate=Oct 14, 2022}}

Supporting establishments

  • State gemological center of Ukraine{{cite web |title=State Gemological Centre of Ukraine |url=http://www.gems.org.ua/en/s3.htm |website=www.gems.org.ua}}
  • State repository of precious metals and stones
  • Museum of decorative and precious stones
  • Kyiv Offset Factory
  • Main planning and service center of computer financial technologies
  • Administration in exploitation of assets complex
  • Recreation site Koncha-Zaspa
  • Administration Office in International Financial Cooperation projects
  • Assay Control State Offices (Dnipro, Donetsk, Western, Crimean, Southern, Eastern, Central)
  • Scientific-researching financial institute

List of ministers of finance of Ukraine

File:Kiev Cabinet of Ministers.jpg, Kyiv]]

class="wikitable"

!rowspan="2"| Name of parent agency

!rowspan="2"| Name of minister

!colspan="2"| Term of office

Start

! End

General Secretariat of Ukraine

| Khrystofor Baranovsky

| June 15, 1917

| January 30, 1918

rowspan="2"|Council of People's Ministers

| Stepan Perepelytsya

| January 30, 1918

| February 1918

Petro Klymovych

| February 1918

| April 29, 1918

Council of Ministers (1918)

| Anton Rzhepitskiy

| April 30, 1918

| December 14, 1918

rowspan="5"|Council of People's Ministers

| Vasyl Mazurenko

| December 26, 1918

| January 1919

Borys Martos

| January 1919

| February 13, 1919

Mykhailo Kryvetsky

| February 13, 1919

| April 9, 1919

Borys Martos

| April 9, 1919

| May 25, 1920

Khrystofor Baranovsky

| May 28, 1920

| November 21, 1920

rowspan="3"|People's Secretariat

| Stanislav Kosior

| March 1918

| April 1918

Joachim Vatsetis

| 1918

| September 1918

Mikhail Bogolyepov

| November 28, 1918

| 1918

Temporary Government of
Peasants and Workers

| Fridrikh Zemit

| 1918

| 1919

rowspan="8"|People's Secretariat

| Mykola Lytvynenko

| 1922

| 1923

Stepan Kuznyetsov

| 1923

| 1925

Mykhailo Poloz

| 1925

| 1931

Oleksandr Rekis

| 193?

| 193?

Mykola Kurach

| 1937

| 1944

Heorhiy Sakhnovsky

| 1944

| 1951

?

|

|

Mykola Shchetinin

| 1954

| 1954

rowspan="5"|Cabinet of Ministers of Ukrainian SSR

| Anatoliy Baranovsky

| 1961

| August 22, 1979

Vasyl Kozeruk

| August 22, 1979

| March 6, 1987

Ivan Zabrodin

| March 6, 1987

| 1990

Ivan Zaichuk

| 1990

| 1990

Oleksandr Kovalenko

| August 2, 1990

| August 24, 1990

rowspan="20"|Cabinet of Ministers of Ukraine

| Oleksandr Kovalenko

| August 24, 1990

| October 29, 1991

Hryhoriy Piatachenko

| October 29, 1991

| July 6, 1994

Petro Hermanchuk

| July 6, 1994

| June 18, 1996

Valentyn Koronevsky

| June 18, 1996

| February 25, 1997

Ihor Mityukov

| February 26, 1997

| December 27, 2001

Ihor Yushko

| December 27, 2001

| November 26, 2002

Mykola Azarov

| November 26, 2002

| February 3, 2005

Viktor Pynzenyk

| February 4, 2005

| August 4, 2006

Mykola Azarov

| August 4, 2006

| December 18, 2007

Viktor Pynzenyk

| December 18, 2007

| February 17, 2009

Ihor Umansky (acting)

| April 8, 2009

| March 11, 2010

Fedir Yaroshenko[http://unian.net/eng/news/news-366951.html VR approved structure of Cabinet of Ministers (update)], UNIAN (March 11, 2010)

| March 11, 2010

| January 18, 2012

Valeriy Khoroshkovsky[http://www.kyivpost.com/news/politics/detail/120811/ Yanukovych dismisses Khoroshkovsky from military service], Kyiv Post (19 January 2012)

| January 18, 2012

| February 22, 2012[http://www.interfax.com.ua/eng/main/95626/ Khoroshkovsky dismissed as finance minister, appointed first deputy prime minister] {{webarchive|url=https://web.archive.org/web/20120523175659/http://www.interfax.com.ua/eng/main/95626/ |date=2012-05-23 }}, Interfax Ukraine (22 February 2012)

Yuriy Kolobov[http://www.kyivpost.com/news/nation/detail/123311/ Yanukovych appoints Kolobov as finance minister], Kyiv Post (28 February 2012)

| February 28, 2012

| 27 February 2014

Oleksandr Shlapak

|27 February 2014

|2 December 2014

Natalie Jaresko[http://en.interfax.com.ua/news/general/237576.html Rada supports coalition-proposed government lineup], Interfax-Ukraine (2 December 2014)
[http://www.kyivpost.com/content/ukraine/rada-approves-new-cabinet-with-three-former-foreigners-in-it-373861.html Rada approves new Cabinet with three foreigners], Kyiv Post (2 December 2014)
{{in lang|uk}} [http://www.pravda.com.ua/news/2014/12/2/7046214/ Rada voted the new Cabinet], Ukrayinska Pravda (2 December 2014)

|2 December 2014

|14 April 2016[http://www.unian.info/politics/1319232-new-cabinet-formed-in-ukraine.html New Cabinet formed in Ukraine], UNIAN (14 April 2016)

Oleksandr Danylyuk

|14 April 2016

|7 June 2018[https://www.unian.info/m/politics/10145168-oksana-markarova-appointed-ukraine-s-acting-finance-minister.html Oksana Markarova appointed Ukraine's acting finance minister], UNIAN (8 June 2018)

Oksana Markarova[https://www.unian.info/m/politics/10348734-ukraine-parliament-appoints-markarova-friz-ministers.html Ukraine parliament appoints Markarova, Friz ministers], UNIAN (22 November 2018)

|22 November 2018

|4 March 2020

Ihor Umansky

|4 March 2020{{cite web|url=https://www.reuters.com/article/us-ukraine-politics-finmin/ukrainian-lawmakers-vote-to-appoint-ihor-umansky-as-new-finance-minister-idUSKBN20R2S3|title=Ukrainian lawmakers vote to appoint Ihor Umansky as new finance minister|work=Reuters|date=March 4, 2020|access-date=March 5, 2020}}

|30 March 2020{{Cite web|url=https://www.unian.info/politics/10937444-ukraine-s-rada-sacks-health-finance-ministers-amid-virus-crisis.html|title=Ukraine's Rada sacks health, finance ministers amid virus crisis|website=www.unian.info|accessdate=Oct 14, 2022}}

Serhiy Marchenko

|30 March 2020

|Incumbent

See also

References

{{reflist}}