The European Commission has appointed a former Polish central bank chief, a former member of the European Court of Auditors and a development finance specialist to the audit board of the €50 billion Ukraine Facility.
The board is meant to "ensure the transparent and effective use of up to €50 billion in EU financial assistance to Ukraine between 2024-2027," the Commission said. "In the coming weeks, the Board will start evaluating Ukraine's management and control of funds, providing concrete recommendations how to strengthen financial oversight and governance structures."
