Ukraine is a trend-setter in publishing finance data
Ukraine is a trend-setter when it comes to opening up finance data in Europe. As one of the fast-trackers of the Open Data Maturity assessment of 2020, the country has shown substantial progress in publishing finance data on the online platform E-data.
This platform is in fact a collection of three portals:
- Spending: a dataset of all transactions from the State Treasury;
- OpenBudget: a knowledge base containing budgets of local administrations;
- ProIFIs: an information hub for social and investment projects financed with government loans.
These portals not only increase accessibility and transparency of finance data, they also facilitate re-use. For example, several civil society initiatives use Spending as the big-data source for machine learning models that inspire policy recommendations.
In addition, the OpenBudget portal includes BOOST, a World Bank methodology-inspired analytical tool that enables students, data scientists, and researchers to conduct complex analyses like datamining.
Curious to discover more? Have a look at the E-data platform.