Ukrainian Prime Minister Yulia Svyrydenko announced the approval of bill No. 11520 by the Verkhovna Rada, which introduces new procedures for public procurement. She emphasized that this legislation represents a significant advancement in the ongoing reform of public procurement and aims to enhance the transparency of government spending.
Svyrydenko noted that the law is integral to agreements with the World Bank, facilitating the release of $3.5 billion in financial support for Ukraine. She reaffirmed the government’s commitment to collaborate with the parliament to meet international obligations and secure further international funding.
On May 27, the parliament endorsed the public procurement law in its second reading, with 245 votes in favor and 11 against. According to an explanatory note signed by Svyrydenko, the existing public procurement law requires revision and updating to address the needs arising from the ongoing war and to fulfill Ukraine’s international commitments in this area.
The note states, “The adoption of this draft law will create a legal framework for effective public procurement, particularly in the context of Ukraine’s post-war recovery, including the use of an electronic procurement system.” The Verkhovna Rada had previously approved the bill in its first reading in September 2024.
The Ukrainian Parliament has passed a new public procurement law aimed at enhancing transparency and facilitating international financial support. This legislation is part of broader reforms necessary for Ukraine's recovery amid ongoing conflict.