The resources will follow the reform

Taking into consideration the experience of abusing of some norms of the active Budget Code in practice, and also the time requirements on the improving of some procedures in the budget process – there was prepared a system bill about the changes that can be made to the Budget Code. Approving this in the first session on Sept. 18, 2008, the Verkhovna Rada really meant that those changes will apply and influence on the budget policy only in 2009. The committee in the budget issues was charged to prepare the bill to the second session.

Valeriy Borysov