Investor Presentaiton
Structural Benchmarks
IMF Structural Benchmarks
1
Approve a 2022 budget targeting a general government deficit of 3.5 percent of GDP
2
Enact legal amendments to reverse the relaxation of eligibility criteria for state representatives to supervisory boards of state-owned banks
3
Completion Date
End-November 2021
Adopt time-bound succession plans for the supervisory boards of each of the SOBS, consistent with the approved 2021-2024 strategies for
each of the banks
End-November 2021
End-November 2021
4
Complete and publish the audit of the of the remaining portion of the funds spent out of the Covid-related spending program
NBU will adopt a time-bound action plan, in consultation with IMF staff, to improve professional capacity of bank supervision
5
6
The Prosecutor General's Office to publish a semiannual report on the outcomes of criminal proceedings against former bank owners,
managers, and other related parties in each resolved bank since the beginning of 2014, with aggregate data on the number of persons
investigated, tried, and convicted as well as the amount of fines and damage recovered
End-December 2021
End-December 2021
End-December 2021
7
Cabinet will endorse a roadmap that outlines the steps required to take PrivatBank and Oschadbank to the market for partial or full
privatization and advance the objective of attracting reputable international investors
8
Adopt and publish a comprehensive asset recovery strategy paper and action plan
9
Enact amendments to the SAPO law to improve the selection procedures of SAPO officials, strengthen its capacity to regulate its
organizational activities, and establish mechanisms for accountability of SAPO Leadership
End-January 2022
End-February 2022
End-March 2022
10
Develop and make available to all gas suppliers a consumer database with all the information necessary for a new supplier to bill households
End-March 2022
11
Complete the one-off integrity check of existing HCJ members by the Ethics Council in line with provisions in the new HCJ law
End-April 2022
12
Appoint a supervisory Board in Energoatom with a majority of independent members selected through a transparent and robust procedure
End-May 2022
Source IMF
February 2022
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