The Ministry of Financepromulgated the list of public enterprises with the highest fiscal risks, which is topped by Naftogaz of Ukraine NJSC, Ukrzaliznytsia and Energorynok, managed by the Cabinet of Ministers.
The list, promulgated on the website of the Ministry of Finance, contains 25 state enterprises, ET reports.
The Ministry of Finance also determined Antonov and Zorya-Mashproekt, managed by Ukroboronprom, and Olimpiisky NSJC (Ministry of Youth and Sports) as the enterprises with the highest fiscal risks.
The list also included 12 enterprises, which are managed by the Ministry of Energy and Coal Mining: Energoatom, Ukrenergo, Ukrhydroenergo, Regional Electric Networks and eight coal enterprises.
In addition, the list also included “State Food and Grain Company”, managed by the Ministry of Agrarian Policy and Food and Ukrposhta (Ministry of Infrastructure).
Reportedly, on January 11, 2018, the Cabinet of Ministers approved the methods of assessment of fiscal risks in public economy sector, based on the financial reporting of state enterprises.
According to the order, the Ministry of Finance forms the list of public enterprises, with which the highest fiscal risks can be related, and determines the size of reserves, necessary for covering unforeseen costs.
In 2016, the ministry created the standalone department for monitoring and preparing the strategy for softening main fiscal risks in the state sector
