The Accounting Chamber and the US Government Accountability Office are preparing to monitor the international financial support for Ukraine together.
Within the framework of the USAID International Technical Assistance Project, a joint working session on audits of the Accounting Chamber on the direct budget support to Ukraine from the US Government has started in Krakow. It concerns the practical interaction between the Accounting Chamber and the US Government Accountability Office in preparing audits aimed at ensuring transparency and efficiency of the use of funds received by Ukraine from the international partners, in particular from the United States through projects and programs of the International Bank for Reconstruction and Development (the World Bank).
Since the beginning of russia's full-scale aggression, the United States has allocated to Ukraine with $16.74 billion of the grant budget support to the general fund of the State budget, which is actually non-repayable financial assistance. The funds are provided through the World Bank projects.
The Ukrainian and American auditors are mutually preparing a roadmap for such audits.
The delegation, headed by the Acting Chairman, Deputy Chairman Andrii Maisner consists of other members of the Accounting Chamber: Andriy Didyk, Vasyl Nevidomyi, Hennadiy Plis and Tsezar Ohon.
Before the working session, Andrii Maisner said: "The unprecedented financial and technical support of Ukraine by international partners, in particular the United States as a strategic partner, necessitates maintaining mutual trust through transparency and efficiency of the use of funds, achievement of the funding goals. Such assistance and cooperation, together with the courage of the Ukrainian Armed Forces, bring Ukraine's Victory over russia closer!"
As a result of the working session, mutual verification of audit approaches, methods and practices should take place to ensure the proper use of the international financial support for Ukraine through the Accounting Chamber’s high-quality external audit.