Ministry of Finance (Ukraine)

The Ministry of Finance of Ukraine () is the ministry of the Government of Ukraine 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. Serhiy Marchenko is the Minister of Finance of Ukraine.

Role Specific responsibilities of the ministry include: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 Incumbent Position Portfolio Serhiy Marchenko Minister of Finance Management of the Ministry Denys UliutinFirst 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 Yuriy Butsa State Commissioner for public debt management Commercial borrowing, EU macro-fiscal support and World Bank guaranteed loans Alexander Kava Deputy Minister of Finance Financing of infrastructure projects Roman Yermolychev Deputy Minister of Finance Expenditures of the budget of the humanitarian sphere, expenditures of the social sphere and authorities Svitlana Vorobei Deputy Minister of Finance Ensuring the activities of the Ministry in the field of tax and customs policy, verification of government payments Olga Zykova Deputy Minister of Finance Development and implementation of unified state financial policy in the field of cooperation with foreign governments, foreign financial institutions, and international financial organizations. Yuriy Draganchuk Deputy minister of finance of Ukraine for European integration Financial and customs policies, international cooperation and strategic planning in European integration, fuel and energy complex finance, property relations Oleksandr Hrubiian Deputy Minister of Finance of Ukraine for Digital Development, Digital Transformations and Digitalization Development of digital transformations and digitalization Dmytro SamonenkoState SecretaryOrganisational development, HR management, information systems and technologies, administrative management

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 «Про оптимізацію системи центральних органів виконавчої влади» [On the optimization of the system of central executive bodies] These include: State Treasury Service; State Tax Service; State Customs Service; State Financial Monitoring Service of Ukraine; State Audit Service of Ukraine.

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).

Supporting establishments State gemological center of Ukraine 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

The Ukrainian Startup Fund was established in 2018 by the Cabinet of Ministers on the initiative of the Minister of Finance of Ukraine. From 2023, it has been managed by the Ministry of Digital Transformation.

List of ministers of finance of Ukraine Name of parent agency Name of minister Term of office Start End General Secretariat of Ukraine Khrystofor Baranovsky June 15, 1917 January 30, 1918Council 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, 1918Council 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, 1920People'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 1919Council of People's Commissars Yuda Novakovskyi 1919 1919 Mykola Lytvynenko 1919 1923 Stepan Kuznyetsov 1923 1925 Mykhailo Poloz 1925 1931 Ksenofont Koval 1931 1932 Oleksandr Rekis 1932 1937 Marko Vasylenko 1937 1937 Mykola Kurach 1937 1944 Heorhiy Sakhnovsky 1944 1946Cabinet of Ministers of Ukrainian SSR Heorhiy Sakhnovsky 1946 1951 Mykola Shchetinin 1951 1961 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, 1990Cabinet 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 YaroshenkoVR approved structure of Cabinet of Ministers (update), UNIAN (March 11, 2010) March 11, 2010 January 18, 2012 Valeriy KhoroshkovskyYanukovych dismisses Khoroshkovsky from military service, Kyiv Post (19 January 2012) January 18, 2012 February 22, 2012Khoroshkovsky dismissed as finance minister, appointed first deputy prime minister , Interfax Ukraine (22 February 2012) Yuriy KolobovYanukovych appoints Kolobov as finance minister, Kyiv Post (28 February 2012) February 28, 2012 27 February 2014Oleksandr Shlapak27 February 20142 December 2014Natalie JareskoRada supports coalition-proposed government lineup, Interfax-Ukraine (2 December 2014)Rada approves new Cabinet with three foreigners, Kyiv Post (2 December 2014) Rada voted the new Cabinet, Ukrayinska Pravda (2 December 2014)2 December 201414 April 2016New Cabinet formed in Ukraine, UNIAN (14 April 2016)Oleksandr Danylyuk14 April 20167 June 2018Oksana Markarova appointed Ukraine's acting finance minister, UNIAN (8 June 2018)Oksana MarkarovaUkraine parliament appoints Markarova, Friz ministers, UNIAN (22 November 2018)22 November 20184 March 2020Ihor Umansky4 March 202030 March 2020Serhiy Marchenko30 March 2020Incumbent

Ministry of Finance (Ukraine)

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