We are launching a new project, “Public Investment Watchdog”, with the support of the European Union. As part of the project, Ukrainian civil society will be able to monitor public investment spending and thus improve the implementation of the reform.
CES, together with the Institute for Economic Research and Policy Consulting and Technology of Progress, will:
- analyse how funds for infrastructure development and recovery are managed and allocated;
- develop the Big Recovery Portal and integrate it with DREAM to create a digital tool for monitoring investment projects;
- train communities to help them prepare and implement investment projects more effectively;
- provide sub-grants to civil society organisations to monitor such projects on the ground.
The new project is a strategic extension of the Recovery Spending Watchdog project (2023-2025), which aligns independent public monitoring with the ongoing institutionalisation of public investment management reform in Ukraine.
The official launch of the project took place on 3 March at the European Union Delegation in Kyiv. The event brought together key stakeholders involved in public investment accountability in Ukraine – representatives of the European Union, the Ministry of Finance of Ukraine, the Ministry of Economy, Environment and Agriculture of Ukraine, and the Ministry for Development of Communities and Territories of Ukraine.
“Public investment management is essential for strengthening Ukraine’s economy. It helps to create jobs, attract private investment, balance regional inequalities, and support the country’s resilience and EU integration path. By ensuring that every euro and hryvnia is spent effectively and transparently, Ukraine can build investor confidence and promote long-term prosperity,” said Henrik Huitfeldt, Head of Sector for Public Finance, Business Support and Social Policies at the EU Delegation to Ukraine.
More details can be found in the press release via the link.
