Regulatory and legal support for the state reserve system by the Cabinet of Ministers of Ukraine

Abstract

The article is dedicated to analyzing the regulatory and legal support for the state reserve system of Ukraine, particularly in light of the reforms initiated by the Cabinet of Ministers of Ukraine in 2022. The author examines the role of government decrees that regulate the operation of the state reserve system and their impact on the effectiveness of its functioning. Special attention is given to the issues arising from the deficiencies in the existing regulatory legal acts, such as the lack of a clear purpose for the activities of the reserve management bodies, insufficient transparency in auction procedures, and limitations on public oversight of the activities of the state agency. The article discusses key regulatory legal acts, including government resolutions from 2004, 2014, 2015, and 2018, which establish rules for the realization of material values, the creation, and use of the state reserve. However, it is noted that these acts require improvement, as they do not account for contemporary challenges, such as the need for the democratization of governance processes and the fight against corruption. Special attention is given to the necessity of introducing new control mechanisms, including the use of technologies like blockchain to ensure auction transparency and protect against manipulation. Furthermore, the article proposes ways to enhance the regulatory and legal framework by clearly defining the tasks and powers of new state reserve management bodies and implementing measures to prevent corruption risks. Overall, the author emphasizes that for the successful reform of the state material reserve system, it is important not only to improve existing legislation but also to ensure an appropriate level of control and transparency in all processes related to the management of state material reserves. Given the importance of the state reserve for ensuring national security, the article also highlights the need to integrate modern approaches to the management of material resources. Special attention is given to improving methods for evaluating the effectiveness of reserve use, which will help reduce financial costs and enhance the state's readiness for emergency situations. It is also proposed to improve collaboration between state bodies and the private sector to optimize the procedures for the supply and storage of state reserve material values.