President Viktor Yanukovych proposes to expand the powers of the Account Chamber in field of monitoring the flow of funds to the state budget.

The relevant bill # 2049 was registered in the Verkhovna Rada on January 18.

In particular, it is proposed to amend the Article 98 of the Constitution of Ukraine.

As stated in the explanatory memorandum to the bill, its goal is to enhance the competence of the Account Chamber, giving it the power of monitoring the flow of funds to the state budget, which will provide for full control over the execution of the State Budget of Ukraine.

The document also states that "the organization, powers and activities of the Chamber shall be determined by law."

Currently, the Account Chamber of Ukraine exercises control only over the use of the state budget.

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