Economy Ministry, State Tax Service sign agreement on information cooperation.

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The Ministry of Economic Development, Trade and Agriculture of Ukraine and the State Tax Service of Ukraine signed an agreement on information cooperation on October 21, the ministry's press service has reported.

According to the report, the signing of the agreement was an important step towards the digital transformation of management processes to monitor the activities and improve the efficiency of state-owned enterprises. In addition, digital interaction on a planned, regular basis, can significantly improve the processes of forecasting, planning and reporting on individual industries and the economy as a whole.

According to the report, the document sets out clear rules and mechanisms of information exchange between the Ministry of Economic Development, Trade and Agriculture and the State Tax Service.

"Information interaction will help quickly optimize management processes and introduce effective modern standards in working with state-owned enterprises. Now we will have complete, up-to-date and reliable data on all state-owned companies, which is necessary for the analysis of their activities and quality management decisions," said Deputy Minister for Digital Development, Digital Transformation and Digitization Ihor Diadiura.

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