OREANDA-NEWS. June 06, 2013. The Government has transferred the authority to manage corporative rights of the state with regards to Ukrainian Bank for Reconstruction and Development public company to the Finance Ministry. A respective resolution was approved at a session of the Cabinet of Ministers.

The goal of the abovementioned bank is development of corporative, and also small and average business through facilitating in realization of investment and innovation projects by middle and long-term crediting. At the same time, pursuant to the Regulation on the Finance Ministry, forming and ensuring of realization of financial policy was placed on the Finance Ministry.

So, approval of the resolution affords to improve carrying out by the Finance Ministry of effective state financial policy directed to activization of the economic development through assistance in realization of national investment and innovation projects, introduction of efficient monitoring and control over activity of Ukrainian Bank for Reconstruction and Development.