iMoRe №156: Financial leasing and veterinary medicine

The Index for Monitoring Reforms (iMoRe) is +0.9 points for the period from March 8 to March 21, 2021, with possible values ranging from -5.0 to +5.0.

Author:

In the previous round, the index was +0.6 points.

Chart 1. iMoRe Dynamics

Chart 2. іMoRe and its components in the current round

Law on veterinary medicine, +2.0 points

Law 1206-IX harmonizes national legislation with the EU law. It reduces the number of veterinary documents and the time to obtain them, introduces electronic permits and prescriptions for veterinary drugs, increases liability for violations in the area of veterinary medicine. It also abolishes the re-registration of veterinary drugs every 5 years, introducing instead post-registration monitoring of their efficacy. 

Law on financial leasing, +2.0 points

The law on leasing was enacted in 1997 and has only ever been amended twice (i.e. in 1999 and 2004). Since then, a number of problems have accumulated alongside an inconsistent body of case law. Law 1201-IX aims to address these issues.

Chart 3. Value of іMoRe components and number of events

Note: Index for Monitoring Reforms (iMoRe) from VoxUkraine aims to provide a comprehensive assessment of reform efforts by Ukraine’s authorities. The Index is based on expert assessments of changes in the regulatory environment in five areas:

  1. Governance
  2. Public Finance
  3. Monetary system
  4. Business Environment
  5. Energy

For details please visit imorevox.org.

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