"The Ministry of Finance is introducing a revolutionary IT platform that will make the use of public funds more transparent. After the project is completed, all Ukrainians will be able to freely receive information on state budget expenditures," the Minister of Finance Natalie Jaresko said during an official presentation of the portal on Tuesday, Censor.NET reports, citing Interfax-Ukraine.
She also stressed that from Jan. 1, 2016 it will be possible to see not only transactions of the state treasury, but also all the state budget data, including public utilities and so forth.
According to Jaresko, 67,500 organizations and institutions are currently operating as holders of public funds in Ukraine.
"We invite everyone to actively use the portal and raise other people's awareness of availability of an integral and fair instrument aimed to control the use of public funds," she added.
In his turn, First Deputy Chairman of the Verkhovna Rada Andrii Parubii said that the key battle for Ukraine at the moment is the fight against corruption.
"The portal is a big and decisive step forward. Those who fight for Ukraine must be on a crusade against corruption," he said.