This document is an Order of the President of Ukraine, which launches the official process of raising additional financial resources from the International Bank for Reconstruction and Development. Its essence lies in the establishment of an authorized state delegation to conduct negotiations on obtaining a loan under the “Support Reconstruction through Smart Fiscal Management” (SURGE) Program. In fact, by this act, the state defines the circle of persons who will negotiate the terms of financing and authorizes a specific government official to sign the future agreement.
In terms of structure, the Order is concise and consists of three paragraphs and an annex containing the personal composition of the delegation. The first paragraph establishes the composition of the negotiating team and grants the right to adjust it; the second approves the directives for conducting negotiations (which are classified as “For Official Use Only”); and the third designates the signatory of the final agreement. Compared to other similar acts, there are no amendments to current legislation or codes here, as this is a classic procedural document of individual application that creates a temporary instrument for the implementation of a specific international project.
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Regarding the practical application of this act, the most important provisions are as follows:
* **Personal composition and inter-agency nature:** The delegation is headed by Deputy Minister of Finance Dmytro Samonenko. It includes representatives of key agencies: the Ministry of Finance, the Ministry of Economy, the Ministry of Justice, the Ministry of Foreign Affairs, the Ministry of Regional Development, and the State Tax Service. Such a broad presence of tax and finance officials is dictated by the specifics of the SURGE program, which directly concerns the reform of the taxation system and public finances.
* **Procedural flexibility:** The head of the delegation is granted the right, in coordination with the Ministry of Foreign Affairs, to promptly modify the composition of the working group, as well as to involve external experts, advisors, and technical representatives in the process without the need to issue a new Order of the President.
* **Final legal authority:** It is clearly stipulated that the right to sign the international Loan Agreement on behalf of Ukraine upon completion of negotiations belongs exclusively to the Minister of Finance of Ukraine, Sergii Marchenko.
