On 1 May 2026, the Cabinet of Ministers of Ukraine adopted Resolution No. 612 "On Amendments to Cabinet of Ministers Resolution No. 294 of 28 February 2025", which concerns the Procedure for Developing and Monitoring the Implementation of the State's Medium-Term Priority Public Investment Plan (MIP).

The updated provisions of the Procedure improve the mechanism for developing and monitoring the implementation of the MIP as a document that defines the principles of public investment over the medium term, and consolidates the role of the DREAM ecosystem as the digital backbone for implementing the Procedure.

1. DREAM as the official platform for MIP processes

The Resolution confirms that until a dedicated Unified Information System for Public Investment Project Management is established, all processes — from submitting proposals to monitoring — will be carried out through the DREAM system. MIP proposals must be submitted electronically with a qualified electronic signature (QES).

2. Target indicators now require measurement indicators

Previously, line ministries were only required to define the target indicators for public investment directions. Under the updated rules, each target indicator must be accompanied by measurement indicators - specific metrics with planned values for each year of the medium-term period. Requirements for indicators: specificity, measurability, achievability, and relevance - linked to baseline and planned values (in percentage terms) and to strategic planning documents.

3. The list of subsectors is now embedded directly in the Procedure

The list of sectors and subsectors for public investment is now official. It covers 13 ministries and 95 subsectors across 18 sectors:

Ministry	Sector	No. of Subsectors
Ministry of Internal Affairs	Public security	5
Ministry of Foreign Affairs	Foreign affairs	2
Ministry of Justice	Justice	4
Ministry of Economy	Agriculture, environment, economic activity, mine action	23
Ministry of Energy	Energy	6
Ministry of Youth and Sports	Sport, physical education and youth	2
Ministry of Communities and Territories Development	Housing, municipal infrastructure, transport	21
Ministry of Social Policy	Social sphere	8
Ministry of Finance	Public finance	6
Ministry of Digital Transformation	Digital transformation	4
Ministry of Culture and Information Policy	Culture and information	4
Ministry of Health	Healthcare	8
Ministry of Education and Science	Education and science	2

Embedding subsectors in the Procedure allows sectors to be broken down into specific components where public investments will be directed, and enables a sharper focus on the distinct needs and opportunities within each area.

4. Ranking of directions when submitting MIP proposals

Ministries are now required to submit not just a list of public investment directions, but ranked lists — ordered by priority within each sector. Ranking is mandatory and must take into account active public investment projects and programmes.

Why this matters: once the Ministry of Finance communicates the indicative ceiling for public investment, the Ministry of Economy allocates funds taking into account, among other things, the ranking of directions. The ranking thus directly determines which directions become primary and are included in the MIP.

5. Clear deadlines for each stage of the process

The Resolution sets specific timeframes for each step in preparing the MIP:

Stage	Deadline
Sending the request to ministries	by 1 March
Ministries submit proposals	15 working days
Ministry of Economy reviews proposals	10 working days
Return for revision (if needed)	10 working days
Revision and resubmission	3 working days
Ministry of Economy conducts second review	5 working days
Proposals on allocation of funds across directions	5 working days
Preliminary allocation across sectors	10 w.d. from MoF data
Entry of approved MIP into DREAM	3 working days
Submission of MIP to Ministry of Finance	by 10 May
Submission of monitoring reports	by 15 February each year

Who is affected

The changes directly concern ministries and other central executive bodies involved in preparing proposals for the medium-term plan and reporting on its implementation. The updated proposal and monitoring report templates already reflect the new requirements on indicators and ranking.

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CHERKASY REGIONAL STATE ADMINISTRATION

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