This document outlines the role, services, objectives, beneficiaries, products, successes, and structure of the Financial and Economic Analysis Office (FEAO) within the Verkhovna Rada of Ukraine (VRU). The FEAO was established in 2015 to enhance the effectiveness of economic and financial legislation by providing analytical products and services to several committees of the VRU. It produces reports, infographics, and research on topics like the state budget, funds, and draft laws at the request of MPs and committees. The FEAO has been successful in establishing itself as a research unit, building relationships with MPs, and filling an analytical capacity gap within the VRU.

1. Role and services

2. Founders, 2015

3. Timeline
2015.10 Start
2015.11 Letter of Intent
2016.02 Kick off event
2016.08 New team
2016.12 Mid term review
2019.01 Part of VRU
2017.04 New structure

4. Objectives
Enhances the
effectiveness
and quality of
economic and
financial
legislation
being
produced by
the VRU
Increase the
utilisation of
financial
information
available in
Ukraine for
effective
oversight and
scrutiny

5. Beneficiary
Committee on
Economic Policy
Committee on
Industrial Policy and
Entrepreneurship
Budget Committee Committee on
Taxation and Customs
Policy
Committee on
Financial Policy and
Banking
Committee on Social
Policy, Employment
and Pension Provision
Committee on Fuel
and Energy Complex,
Nuclear Policy and
Nuclear Safety
Committee on State
Building, Regional
Policy and Local Self-
Government

6. Products & Services
Reactive
(by request)
Proactive
(working
plan)
FEAO
products
I) Products:
Quarterly budget review
Budget best practices
II) Financial/economic synthesis (1 page):
Infographics
Accounting chamber 1 page report
Reports of State Agency reviews
III) Other
Answers of State agency - Monthly budget revenue and expenditure
Methodology of financial and economic analysis of draft Laws
I) Products:
Legal research
Socio-economic research
Cost benefit analysis
Financial analysis

7. Products & Services
Written Oral
69 requests

8. Products
InfographicsProducts Accounting Chamber reports

9. Analysis and research
State budget effectiveness
Sobolev Egor – Head of Committee on Corruption
Prevention and Counteraction, MP
2016 December
1. Request to FEAO
2. Performance budget implementation: Ukrainian case -
FEAO analytic
3. Letter to Prime-minister and Minister of Finance to
solve problem that was figured in FEAO analytic
2017 January
1. MP receive answers from Prime-minister and Minister
of Finance.
2. FEAO help MP with new request to Minister of finance
– budget program efficiency analysis
2017 March
1. MP receive answers from Minister of Finance.

10. Analysis and Research
State budget effectiveness:
Shkrum Aljona - Committee on State Building, Regional
Policy and Local Self-Government , MP
1. MP send request to FEAO
2. Calculation for 17 Ministries sum of money that were
returned to state budget - FEAO analytic
3. MP send request for all 17 Ministries
4. Receive all answers
5. Together with FEAO analyses answers and help with
new answers
6. MP send new request to FEAO
7. Calculation for 67 State Agencies sum of money that
were returned to state budget - FEAO analytic
8. MP send request for all 67 Ministries
9. Receive answers – still now not all

11. Analysis and Research
Parliamentary Control over Government:
Yednak Ostap - Committee on Environmental policy, MP
1. Receive FEAO analytic – Accounting chamber report
2. Send request to FEAO
3. Receive FEAO analytic
4. Send parliamentary request (Speaker of parliament
announced this) to the Prime-minister
5. Waiting for a response

12. Analysis and Research
Parliamentary Control over Government:
Markevich Yaroslav – Budget Committee, MP
1. Request to FEAO – Best practice of verification
2. Present report to MP
3. Preparing presentation and discussion at the Parliament
report – when Ministry of Finance send to Parliament
Law about Verification

13. Analysis and Research
Parliamentary Control over Government:
Ryabchin Aleksey – Committee on Fuel and Energy
Complex, Nuclear Policy and Nuclear Safety, MP
1. The FEAO processed 4 requests on:
- Energy ombudsmen
- Energy cooperatives
- Financial evaluation of draft law – Energy ombudsmen
- Financial evaluation of draft law – Job creation energy
efficiency
2. 5th request is being developed

14. Products
Series budget infographics
1. General budget process
2. Budget preparing
3. VRU adopt State budget
4. Budget execution

15. Products
Series State Fund of Regional Development infographics

16. Indicative analysis of functions

17. Successes
1. Establishing as a research unit in the VRU due to good quality analyses
2. Strengthening relationships with some committees, MPs, staff
3. Filling a gap in analytical staff capacity
4. User-friendly products, e.g. use of infographics
5. Deep-dive studies, e.g. on consumer rights
6. Growing communications about FEAO
7. Repeat demands for support
8. Confidence of GIZ with work of WFD

18. New structure
Head of Office
Budget cluster
1) Senior economist
2) Analyst
3) Analyst
Financial issues
1) Senior economist
2) Analyst
Economic issues
1) Senior economist
2) Analyst
Cross-Cutting Issues
1) Senior economist
2) Analyst
Communication
manager
Legal expert
I) Committee on State
Building, Regional Policy and
Local Self-Government
II) Committee on Economic
Policy
III) Committee on Industrial
Policy and Entrepreneurship
I) Budget Committee I) Committee on Taxation
and Customs Policy
II) Committee on Financial
Policy and Banking
I) Committee on Fuel and
Energy Complex, Nuclear
Policy and Nuclear Safety
II) Committee on Social
Policy, Employment and
Pension Provision

19. Request form
http://rada.gov.ua/
https://feao.org.ua
info@feao.org.ua
facebook:feao.vru

20. Communication Tools
Office space in the VRU
Materials available at:
i) FEAO website - 895 people/month
ii) FB page - 959 people
iii) monthly newsletter – 1380 people
Contributing to the parliamentary TV channel
Following the Committees’ agenda and participation in the Committees’ meetings
Networking with MPs’ service
Delivering advise to the Committees’ staff
Collaboration with media outlets and NGO